DonAlt Predicts ETH to $10,000, But Plans to Sell at Half the Target
Crypto trader DonAlt, known for his accurate predictions of XRP price movements, has set his sights on Ethereum's potential to reach $10,000.
However, in an ironic twist, he revealed that he plans to close his own position at a much lower price point - around $3,000.
DonAlt opened a long position in ETH at around $1,900 on August 13, going against classical technical analysis by buying at resistance in a consolidating market. He explained that this decision was driven by psychological factors rather than pure logic.
The analyst also shared his expectations for Ethereum's price movement, dividing them into three levels: an official target of $4,000 and an unofficial macro target of $10,000. But in practice, he intends to take profit at the significantly lower price point of $3,000, acknowledging that market experience has taught him to secure gains rather than chasing historical targets.