"You can read it first, but don't forget to do your own analysis too, you know."
Widely followed cryptocurrency analyst Kaleo has told his 601,300 followers on social media platform X that he strongly believes Ethereum (ETH) and three other altcoins will see a significant rally.
Kaleo sees ETH currently trading at $1,879 capable of climbing up to $2,100 if the price manages to break through its strong resistance zone at $1,900.
Not only that, Kaleo who also observes the movement of the ETH Arbitrum scale settlement (ARB) has expected that its price which is currently at $1.07 will continue to rise to reach $1.30.
This is because ARB looks poised to break new highs, so Kaleo hopes the price will return to the $1.15 it reached in mid-August 2023 followed by the July high of $1.30.
Later, the crypto analyst also thinks that layer-2 protocol and ARB competitor Optimism (OP) which is currently up about 0.04% at $1.53 will follow in the footsteps of its competitor ARB where its price is poised to break through the August high of $2.
The last ETH-based altcoin is an asset founded by the non-fungible token (NFT) market Blur called BLUR , so Kaleo has shared its chart showing that its price is now on an upward trend to reach $0.50.
As of this writing, BLUR price has surged by 4.40% at $0.29 in the last 24 hours with a market capitalization of $315 million and a 14.47% increase over the last week.
