An analyst with the nickname DonAlt watches the Ethereum (ETH) and Solana (SOL) smart contract platforms and sees the growth potential of both assets depending on how they close the month
According to him, ETH can grow by almost 80% if the asset manages to stay above its monthly support level:
"The monthly support is still holding. I bought ETH for about $1000 and if we close above this level this month, I will expect to retest at $2200 to take profit."
DonAlt also monitors the indicators of the ETH/BTC pair and believes that the rate can rapidly go up if the pair closes at 0.058 BTC in June:
"An interesting situation for ETH. If the asset can restore the minimum of the range, then I expect a significant increase in the pair against BTC"
Regarding SOL, the analyst believes that the rate may double if it ends June above the monthly support level:
"This is my view on SOL in the long term: the June close is above $43 and I see no reason not to retest the level around $100"
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