The post Ethereum Price Up For Another 31% Spike, ETH Price At $1700 In The Next 24 Hrs ? appeared first on Coinpedia Fintech News

The world’s first cryptocurrency, Bitcoin , is hovering between $22,000 and $23,000 level. In the early hours today, the flagship currency did surpass its crucial level of $23K before making a slight downfall. However, the overall crypto market is flashing a positive sign with Ethereum, XRP, BNB, Cardano, Solana and other major altcoins trading green.



At the time of publishing, Bitcoin is selling at $22,992 after a surge of 1.27% over the last 24hrs.



Ethereum Price



Meanwhile, a renowned crypto trader and strategist who is anonymously known as Altcoin Sherpa is forecasting a bullish target for Ethereum, XRP, and Aptos. The analyst addresses his 189,700 Twitter followers saying the second largest cryptocurrency by market cap, Ethereum , is now testing its important support level of $1,5000. Hence, the analyst believes this lead altcoin will see another 31% upward movement and surpass the $2000 area in the coming days.




$ETH : 200d EMA, you're up first for support. Let's see if this holds or not. #Ethereum $ETHUSD pic.twitter.com/91EgXSocpr — Altcoin Sherpa (@AltcoinSherpa) January 25, 2023




At the time of writing, Ethereum is valued at $1,606 with an upswing of 3.37% over the last 24hrs.



XRP Price



The next currency that has caught the strategist’s attention is Ripple’s XRP on which he is positive. Recently, XRP was not in a good position as it was underperforming compared to other altcoins. However, now Altcoin Sherpa claims that XRP is all set to make its move towards $0.50 once the altcoin surpasses a resistance of $0.44.




$XRP : This chart looks good. It hasn't moved much relative to the rest of the market and there's a lot of consolidation going on. With that said, there's not much of a narrative around this. Old shitcoins like this will just start moving randomly. #Ripple #XRP pic.twitter.com/YDWrx3QNx8 — Altcoin Sherpa (@AltcoinSherpa) January 25, 2023




Currently, XRP has gained 0.19% over the last 24hrs and is now trading at $0.4112.



Aptos (APT)



Next, the strategist talks about Aptos which has gained 112% in the last one week. As per Altcoin Sherpa, this Solana competitor will see a bull run towards a high of $23.70 very shortly.




$APT : My next #Aptos targets. If this dumps, please DM @HsakaTrades , it's his fault for everything in a 1.8 billion dollar trading volume asset. /s pic.twitter.com/PHoMMhqGlG — Altcoin Sherpa (@AltcoinSherpa) January 25, 2023




At the moment, Aptos is changing hands at $18.94 after an upwards movement of 39.44% in the span of a day.



Lido (LDO)



Lastly, the analyst winds up his analysis with Lido (LDO) which is an Ethereum staking service. As per Altcoin Sherpa, Lido is about to witness a correction.




$LDO : This one is topping out soon IMO. I would look for other coins instead of this one personally. pic.twitter.com/qRpKKEPkDU — Altcoin Sherpa (@AltcoinSherpa) January 25, 2023