DonAlt Targets Ethereum's $10K, Plans to Cash in at $3K
Crypto trader DonAlt has set a technical target of $10,000 for Ethereum (ETH), but intends to take profit at $3,000. He made this prediction on X, where he also shared his trading strategy and experience with XRP.
According to DonAlt, his official target price is $4,000, while an unofficial macro target is $10,000. However, he plans to lock in profits earlier than the long-term target by selling when ETH reaches $3,000.
This strategy reflects his experience with XRP, where he predicted a rise from $0.50 to $3.50 ahead of the 2024-2025 bull market. DonAlt bought Ethereum around $1,900 on August 13 and may add to his position if the price returns to $1,700 support.
Based on his purchase price, exiting at $3,000 would mean a return of about 57% for DonAlt.