Cryptocurrency strategist Justin Bennett has made promising predictions for Ethereum (ETH) $0.001124 and Dogecoin $0.001225 (DOGE). He stated that as long as ETH maintains its critical support levels, it can reach new peaks. For DOGE, he foresees a historical rally on the horizon.

Expectations for New Records in Ethereum

Bennett indicated that Ethereum is on a positive trajectory as long as it stays above the $3,950 level. He stated, “ETH is moving towards the $5,000 target. If the current support levels are maintained, the continuation of the bull market is inevitable.” Bennett also pointed out the ETH/BTC pair, suggesting that a breakout above 0.04 BTC on the weekly chart would indicate further upward potential for Ethereum. “If ETH/BTC reclaims this level as support, Ethereum’s momentum will increase rapidly,” he added.

According to Bennett’s analyses, Ethereum’s price currently stands at $3,997. Not falling below $3,950 supports bullish expectations in the market. This situation could be particularly significant in determining ETH’s weekly close. “A breakout of the ETH/BTC channel will take Ethereum to new peaks,” he remarked.

Rally Signals for Dogecoin

Bennett predicts that Dogecoin (DOGE) could surpass its all-time high of $0.7316 reached in May 2021. “If DOGE breaks the $0.45 resistance, a wave of increase will begin. This consolidation seen on the daily chart could herald a major rally,” he noted