CryptoBullet predicted in its ZRO Coin analysis published today that levels of $ 14, $ 22 and $ 40 could be reached. Poppe stated that he expects the rise in the ETHBTC parity in December to gain momentum. Ali Charts stated that ETH will soon test the $ 3,500 level.

As cryptocurrencies do not experience daily increases, Bitcoin (BTC) lost as much as $91,466 at the time of writing. Some rapidly rising altcoins lost up to 10 percent. While BTC's 24-hour loss is around 7 percent, analysts continue to share their market predictions for ZRO and ETH.

After BTC headed for a deeper drop, CryptoBullet is expecting significant gains for ZRO Coin, with the analyst setting an initial target of $14. Considering the current price, even this target seems quite exciting. Commenting on ZRO Coin, the analyst said, “The triangle has widened with the LayerZero update, but the target has not changed,” and listed the macro targets set:

Macro Target $1 – $14
Macro Target 2 – $22
Macro Target 3 – $40

Stating that these targets are quite conservative, CryptoBullet drew attention to the potential of ZRO Coin.

ETH price is trading above $3,300, down only 4.3% compared to BTC’s 7% loss. This reinforces the expectation that the market will rise in the medium term and indicates that ETH is already at a reasonable price. Michael Poppe commented on ETH’s recent move:

“ETH price has also declined as yields have declined. What’s next? I expect consolidation and continued bullish movement in December following the terrible labor market data. A major bullish divergence is in the works.”

Poppe stated that the ETHBTC pair has started to turn from the bottom and expects the price to rise towards the levels of 0.046 and 0.051 BTC. This rise could be an important opportunity for altcoins to gain strength. Ali Charts also predicted that ETH has seen the bottom within the ascending channel and a new movement towards $ 3,560 could begin from here.

While other altcoins, popular cryptocurrencies such as SOL, AVAX, XRP, ADA, DOGE and SHIB experienced double-digit losses, ETH is trading at $ 3,324. BTC, on the other hand, regained $ 92,200 at the end of the article. In this high volatility environment, it is emphasized that investors should pay attention to risks in both directions.