The crypto market is flooded by all kinds of optimistic predictions about the price of Bitcoin and also the prices of some altcoins as well.
The latest relevant predictions come from Josh Rager.
Ethereum new prediction pops up
Crypto strategist and trader Josh Rager just predicted that Ethereum (ETH) is on the verge of starting a strong bullish rally in an attempt to catch up with Bitcoin (BTC).
On Twitter, he explained that ETH could surge as high as 75% and he expects the coin to break the resistance of $475.
At the moment of writing this article, ETH is trading int he green and the coin is priced at $461.16.
Bitcoin to hit $16k soon
Regarding Bitcoin, Rager believes that the coin will definitely hit $16k soon.
Reclaiming the previous range for Bitcoin would just show that this was a marvelous bear trap before sending the price over $16k pic.twitter.com/koQnLMfMJn
— Josh Rager 📈 (@Josh_Rager) November 8, 2020
At the moment of writing this article, BTC is trading in the green, and the king coin is priced at $15,381.05.
ETH is surging higher while BTC is consolidating and the analyst believes that ETH will definitely catch up.
Check out another relevant tweet that he shared:
Recently, ETH been outperformed by BTC but now looks quite bullish and has a lot of space to pump and catch up pic.twitter.com/R77sQZGHus
— Josh Rager 📈 (@Josh_Rager) November 7, 2020