The interest in Ethereum (ETH) seems to grow again. While the race was recently under pressure, Ethereum is busy with a strong recovery. In just five days, the price has risen by more than 16%, which opens the door to a broader revival in the market.
Ethereum not yet written off
Where some Ethereum explains as ‘death’, analyst and influencer Alex Becker sees opportunities. In a recent video he states that the chance of a return to the all-time high of almost $ 4,900 is no less than 90%. According to him, this is the moment when the real profits are made, especially when most investors are still reluctant.
The Ethereum course currently records around $ 1,650 and is therefore still around 66% under its historic peak. Becker sees that as a unique opportunity. His estimate: a worst-case scenario in which Ethereum falls back to $ 500, with a maximum of 50% loss. But in the favorable case, he expects a return of 4x to even 5x.
That estimate does not only apply to Ethereum. Becker predicts that with a breakthrough of Ethereum, Altcoins such as XRP, Cardano (ADA) and Dogecoin (Doge) may rise even faster. In his words they could “explode completely” if the market dares to play completely at risk again.
Opportunities outside the usual names
The power of his argument is not in hype, but in timing. Historically, Altcoins often attract strongly as soon as Ethereum is at the forefront. According to Becker, this so -called altseason offers space for returns from 5x to even 7x, especially with coins with a relatively low market value compared to Ethereum.
In addition to XRP, Dogecoin and Cardano, he also mentions Solana (SOL), Avalanche (Avax) and Sui as promising candidates. Especially XRP could even surpass Ethereum in returns, with about 25% to 50% extra potential if it gets closer to market value.
Becker does repeat that these are not guarantees. Investing in cryptocurrencies remains a form of risk dial. Yet in present -day sentiment he sees an opportunity for those who dare to look ahead.
Source: https://newsbit.nl/crypto-expert-ethereums-comeback-kan-kettingreactie-veroorzaken-bij-altcoins/
