NVDA gained a massive 197% since our AI first added it in November - is it time to sell? 🤔Read more

Crypto strategist 'Immortal' anticipates Ethereum and Bitcoin rally, Radix upgrade to boost value

EditorAmbhini Aishwarya
Published 27/09/2023, 04:32 pm
BTC/USD
-
ETH/USD
-
EGG/USD
-

Crypto strategist "Immortal" has detailed his plans to accumulate Ethereum (ETH), expecting a correction to $1,300 before a significant rally by the end of 2023, according to a statement made on Wednesday. Currently priced at $1,600, Immortal predicts Ethereum will reach $2,000 by the end of this year and further increase to $2,500 in Q1 2024.

In regards to Bitcoin (BTC), Immortal is considering taking a long position at the $25,800 support level. He expects that once this level is reached, Bitcoin will rally to its $27,300 resistance.

Additionally, Immortal foresees a positive impact on the price of Radix (XRD) following the launch of its "Babylon" upgrade. He anticipates a surge of over 30% for Radix to reach $0.086.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.