Analyst: Ethereum, Cardano, Chainlink, Polkadot and AVAX Head To These Heights! - News-Credit-Mortgage-Coin

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Sunday, May 16, 2021

Analyst: Ethereum, Cardano, Chainlink, Polkadot and AVAX Head To These Heights!

 Famous crypto analyst and investor Benjamin Cowen is closely watching three fiery altcoin projects, which he says is preparing for Ethereum, Cardano (ADA) and higher levels. The analyst shares critical goals for these altcoin projects.


Here are Ethereum and altcoin predictions from popular analyst

Benjamin Cowen: The Cardano price could go up to $ 4.35…

In his new analysis, popular analyst Benjamin Cowen told 392,000 Youtube subscribers that the fourth largest cryptocurrency Cardano (ADA / USD) could potentially double its value after launching a massive boom against Bitcoin (ADA / BTC). Benjamin Cowen adds the following to his comments on the subject:


Here is the highest valuation ADA ever made against Bitcoin (0.00008 in 2018) ... If we make a measured move from current prices to this level, 105% higher will come ... 105% in terms of reaching ADA's global top against Bitcoin Where would this put ADA / USD, with the idea that it could increase? Actually, he would put it for a modest, very modest $ 4.35… We are not saying he will go there for sure… We just say “Hey, it was done before”. And unquestionably, ADA is doing much more today than in 2017, 2018.




Benjamin Cowen: Ethereum price hits highs of $ 6,000
Looking at Ethereum (ETH), Benjamin Cowen says ETH is in the midst of a violent tsunami that could rise up to $ 6,000 before showing signs of decline. Benjamin Cowen adds the following to his comments on the subject:

We have $ 2,000 for the Ethereum price. We got over it. We have $ 3,000. We conquered it easily. We have $ 4,000. We are constantly struggling with it right now. Frankly, there are $ 5,000 and $ 6,000 and so on and so on and so on… What I'm trying to tell you is this… It's just a matter of how far inland we'll go before we go back and retreat at some point…

Benjamin Cowen: Don't overlook the fact that Chainlink is going up overall
As we previously reported as Kriptokoin.com, when it comes to Chainlink (LINK), the crypto analyst emphasizes that the decentralized oracle platform is traded on a long-term rising channel dating back to 2019. Benjamin Cowen adds the following to his comments on the subject:

I love LINK. It just moves up. On the macro scale, it tends to go up. Yes, it does fall sometimes. Who really cares? This is just a game. Usually it rises and that's what matters. Don't overlook the fact that the chainlink is going up overall.


Benjamin Cowen: Polkadot price could break $ 50 level
Another altcoin project on Benjamin Cowen's radar is Ethereum rival Polkadot (DOT). The analyst emphasizes that the DOT continues to rise further and is now ready to break a crucial resistance. Benjamin Cowen adds the following to his comments on the subject:

The DOT train is basically just an ongoing catcher of the 20-day SMA (simple moving average). We've been derailed for a while. I hope we get back on our way. We got to this level. This will be the third time that we hit the $ 50 mark roughly. Let's see if we can break it. If we break it, I guess it will move relatively fast.


Benjamin Cowen: AVAX, again like DOT, is at the top of price discovery mode!
The last cryptocurrency on Benjamin Cowen's radar is smart contract platform Avalanche (AVAX). According to the crypto strategist, AVAX needs to take the $ 37.50 resistance before it can fire the next phase of the bull cycle. Benjamin Cowen adds the following to his comments on the subject:

AVAX, again like DOT, is at the top of the price discovery mode. They are all getting closer to each other.


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