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Justin Bennett, Crypto Analyst Says There’s Massive Rally Coming On Ethereum

Justin Bennett, A popular crypto strategist and trader notes that there’s a massive rally for leading smart contract platform Ethereum (ETH).

Furthermore, Justin Bennett describes it as “full beast mode”, exactly after breaking out of a bullish continuation pattern against Bitcoin (ETH/BTC).

“Now above 0.082 BTC ($4,138.70) and climbing. The objective is 0.10-0.11 BTC ($5,047.20-$5,551.92),..”
“so there’s still room to move higher in the next few weeks…”
“The objective from the January breakout is 0.16 BTC ($8,075.52).”

More so, ETH/BTC is currently trading at 0.085 BTC, indicating 90% potential upside once it hits Justin Bennett second target.

Furthermore, for ETH/USDT, Bennett notes that the second-largest crypto asset by market cap is still strong enough to engage in a massive run.

“I find it ironic that the second-largest crypto by market cap is 14% off its all-time high while…”
“many on Twitter act like the sky is falling. Stay cautious? Yes. Panic? Not a chance.”

So, Justin Bennett notes.

Also, as for Bitcoin, He states that BTC must flip an important price area into support to regain its bullish momentum.

“BTC back above $50,000. Needs to reclaim $53,000 to turn bullish again.”

Lastly, Justin Bennett also offers a possible scenario, showing Bitcoin may consolidate between $52,000 and $43,000 in the coming weeks.

“Keep in mind that the current range isn’t exactly small…”
“Could be lots of this for the next few weeks.”

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Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.