A crypto strategist known for accurately calling the 2021 digital asset cycle top believes Ethereum (ETH) is on the verge of an explosive move to the upside.

The analyst pseudonymously known as Pentoshi tells his 884,200 followers on X that ETH may increase more than 15% its current value in the coming weeks after a period of price consolidation.

“ETH maybe a little chopsolidation but then we see it teleport above $5,000 in the next couple weeks in my opinion. A little patience goes a long ways here.”

TradingView chart of ETH/USD pair on dark background, displaying candlestick price data from late 2020 to mid-2024, with horizontal resistance line at 5000 USD and support at 4000 USD, volume bars below, and time axis labeled by years.
Source: Pentoshi/X

ETH is trading for $4,314 at time of writing, down 2.9% in the last 24 hours.

Next up, he says that Solana (SOL) may soon print new all-time highs if the ETH rival breaks through resistance in the mid-$200 range.

“SOL very similar to ETH in that sense.”

A line chart displaying Solana price movements in USD over time, with horizontal lines marking key price levels. The chart includes candlestick patterns and a timeline from 2023 to 2024. Text overlays show price values like $140.00 and $180.00, along with timestamps and percentage changes.
Source: Pentoshi/X

SOL is trading for $219 at time of writing, down 1% on the day.

Looking at Floki (FLOKI), the analyst says the memecoin may be printing a bullish pattern after a correction.

“Close above the bottom line on a three-day through one-week candle and could have a 2x on the table once it accepts into the previous range, has been making higher highs and lows so that’s how I’d look to play it.”

A cryptocurrency price chart for Floki, displaying price movements over time with candlestick patterns. Horizontal pink lines indicate key price levels, and a curved line suggests a potential trend. The chart includes a timeline from January to September, with volume bars at the bottom and text overlays showing price values.
Source: Pentoshi/X

Looking at the trader’s chart, he suggests that FLOKI may soon reclaim $0.0002009 as support.

FLOKI is trading for $0.00009177 at time of writing, down 7.7% in the last 24 hours.

Lastly, Pentoshi says the stablecoin-focused blockchain Plasma (XPL) may be at the beginning of a massive bullish reversal after forming a market bottom. Looking at his chart, the analyst suggests XPL may reclaim $1.27 as support.

“XPL update: moon that.”

Dark trading chart interface with white and green text labels including XPL/USDT pair, time frame from Sep to Oct, price scale from 0.00000000 to 0.00000100, candlestick bars showing upward bounce from low around 0.00000020 with horizontal support lines at 0.00000040 and 0.00000060, volume bars below, and small circle annotations marking key points.
Source: Pentoshi/X

Plasma is trading for $0.74 at time of writing, down 14.4% on the day.

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