Ethereum (ETH)
Pseudonymous crypto analyst Carlson, with a substantial following of 601, 300 on the social media platform X, anticipates Ethereum (ETH) to surpass its diagonal resistance at $1, 900.
According to Carlson’s analysis, Ethereum could potentially surge to $2, 100 if it breaks out. “Given the current diagonal trend, the excitement for ETH will escalate once it surpasses $1, 900,” he remarks.
Arbitrum (ARB)
Carlson also directs attention to Arbitrum (ARB), an Ethereum scaling solution. He observes that ARB has successfully flipped a crucial diagonal resistance into support and predicts a potential rally to $1. 30.
“ARB demonstrates signs of readiness for new highs after breaking out and retesting a high time frame resistance. I anticipate a move back to the mid-August breakdown level (~$1. 15), followed by a surge to the July highs in the $1. 30s.
Optimism (OP)
Carlson identifies Optimism (OP), a layer-2 protocol and Arbitrum rival, as another promising asset. He notes that OP is replicating ARB’s trajectory, having broken through a multi-month diagonal resistance.
“When discussing ARB, it’s essential to mention OP. A distinct flag pattern is forming underneath it, suggesting a drive towards the August highs near $2. 00,” he explains.
Blur (BLUR)
The final Ethereum-based altcoin on Carlson’s radar is Blur (BLUR), the native asset of the non-fungible token (NFT) marketplace of the same name. Carlson’s chart analysis reveals that BLUR is in an uptrend after surpassing its diagonal resistance.
“BLUR appears poised to initiate an ascent back to $0. 50,” he forecasts.
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