DonAlt Sees Ethereum Breaking Through $2,816
Trader DonAlt is focusing on Ethereum after pinpointing XRP's breakout rally in 2024. He calls Ethereum's current technical structure 'exceptional' and says it provides a clear signal for traders.
Ethereum has rallied by approximately 30% since mid-August, when its price was around $1,880. The token is currently consolidating between support at $2,400 and resistance near $2,816.
If Ethereum successfully defends the $2,400 level, DonAlt identifies $2,816 as the next important resistance, representing a potential gain of roughly 14% from current prices.