When top altcoins such as Ethereum (ETH) rally, the entire crypto market rallies, as they have the ability to inject life into the whole market. This is evident right now, where the entire market has turned green thanks to the likes of Bitcoin and Ethereum experiencing sustained price gains. The domino effect doesn’t stop with well-established projects but trickles down to even projects with smaller market caps.
For instance, recent data shows investors are going for small-cap coins such as Filecoin (FIL) and VC Spectra (SPCT) due to their affordability and bigger room to grow.
Ethereum Prediction: Can ETH Reach Its All-Time High?
Ethereum has enjoyed a nice run over the past month, adding 32% to its value. This has helped Ethereum (ETH) cross the $2,000 mark for the first time since August. As of November 16, Ethereum (ETH) is trading around $2,035, and its uptrend is gaining momentum.
The big question is whether Ethereum (ETH) can reach its all-time high in this bull cycle. The technical and fundamental analysis shows it’s pretty possible for ETH, which should be good news for anyone wondering if I should buy Ethereum.
This Ethereum prediction considers the ETH chart, which shows the altcoin is facing imminent resistance at the $2,165 level. The Ethereum price appears to have returned to the 21 EMA as ETH forms higher highs and lowers. With the uptrend still strong, ETH will hope to bounce off the level before attempting to break past the resistance and push higher.
If successful, the next significant resistance lies at the $2,652 Ethereum (ETH) level. This Ethereum prediction also considers the fundamentals for the best cryptocurrency project, and they look promising with the potential to push ETH to its all-time high.
Ethereum is buzzing after the recent revelation of BlackRock filling an ETH ETF with the SEC.
Trading at a lowly $5, Filecoin (FIL) is proving popular with low-budget investors thanks to its affordability and utility. The attention Filecoin (FIL) has received over the past few weeks has made it one of the best altcoins performance-wise.
Filecoin (FIL) is up 64% over the past month and is still pushing up. Now, investors can’t help but wonder how high Filecoin (FIL) can go. This Filecoin price prediction considers the altcoin’s charts and fundamentals to answer this question.
A quick glance at the Filecoin (FIL) chart reveals the altcoin recently managed to break past significant resistance at the $4.96 level. The altcoin supports it by pushing towards the next level at $6.42. The uptrend has loads of momentum, with volumes rising, backed by the ADX firmly pointing upwards.
The fundamentals also look good, with the Filecoin (FIL) community buzzing after the project struck a strategic alliance with Sushi that will allow the DEX to utilize its decentralized storage capabilities. Based on this, this Filecoin price prediction sees FIL rising above $10 over the next few weeks.
A recent poll by a leading media outlet found that investors are keen on VC Spectra (SPCT) thanks to its growth potential. While also identifying the project’s utility as a convincing factor. This has made VC Spectra (SPCT) one of the best altcoins to invest in right now.
Priced at a meager $0.066, many experts are tipping VC Spectra (SPCT) to cross the $1 mark by the second quarter of 2024 once the altcoin is listed on top crypto exchanges. SPCT is already up 725% and is projected to grow further by the end of the presale. By the end of the presale, it should reach $0.080, meaning investors from Stage 4 will have 21.21% ROI, while Stage 1 investors will gain 900%.
VC Spectra aims to simplify crypto investing and trading for its users. SPCT is used to access various investment and trading opportunities in its ecosystem. The BRC-20 standard token allows holders to access multiple funds specializing in early-stage ICOs and earn rewards while accessing the many opportunities within the DeFi market.
SPCT is tipped to grow in value as demand for VC Spectra’s asset management and trading services grows. Also, thanks to the token’s deflationary nature, its value is expected to grow over time as supply reduces through regular token burns.
Learn more about VC Spectra (SPCT) and its presale:
Buy Presale: https://invest.vcspectra.io/login
Disclaimer: This is a paid-for sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets.