Ethereum, Solana and XRP Likely Forming Reversals, According to Crypto Analyst Jason Pizzino
Cryptocurrency analyst and trader Jason Pizzino believes three top altcoins may be forming bullish reversals after the market’s correction. In a new video, Pizzino tells his 348,000 YouTube subscribers that Ethereum (ETH) may soon regain $3,000 as support after bouncing off of a low of around $2,100. “Overall, the smart money bought this thing up pretty damn hard. It’s hit all the targets now down to 150%, so that’s $2,100 to $2,200… We are now looking for closes above $2,900. Another massive thing about this bar is that it had huge volume, and it closed back above all these previous tops at $2,700. That was the previous support area… It’s got to get back above this swing low here at $2,950 and then ideally above that 50% level at around $3,100.” Source: Jason Pizzino/YouTube He also says that ETH in its Bitcoin pair (ETH/BTC) on the weekly chart may be forming a double-bottom pattern, which is typically considered a bullish ...