Crypto Strategist Justin Bennett Thinks Ethereum (ETH) and Dogecoin (DOGE) Are Poised to Print New All-Time Highs

Trader Justin Bennett tells his 115,200 followers on the social media platform X that Ethereum bulls are in full control as long as ETH is trading

Acclaimed crypto strategist is now convinced that Ethereum (ETH) is poised to print new all-time highs.

Charting platform X trader Justin Bennett tells his 115,200 followers that Ethereum bulls are now in the driver’s seat as long as ETH continues to trade above an immediate support level.

According to Bennett, expect Ethereum to get a quick sprint if ETH continues to flash strength in its Bitcoin pair (ETH/BTC)

“Bullish on ETH while above this $3,950 area with a $5,000 target.

Could happen quickly if ETH/BTC can flip that 4% area on the weekly chart.”

Zooming out to the ETH/BTC chart, the crypto strategist says to expect Ethereum to gain more bullish momentum if the pair flips the 0.04 BTC resistance into support.

“ETH will get really interesting if ETH/BTC can reclaim this channel on the weekly chart.

Testing resistance now.”

At time of writing, ETH/BTC is trading at 0.04 BTC, valued at $3,997.

Next up, the trader believes that the top memecoin Dogecoin (DOGE) is gearing up for a big breakout to reach a fresh all-time high.

“A new DOGE ATH (all-time high) seems like a formality at this point.

Nice consolidation on the daily chart.”

DOGE reached its current all-time high in May 2021 when it surged to $0.7316. Based on the trader’s chart, he appears to be predicting DOGE to rally past $0.76.

In the near term, Bennett says that DOGE should shatter its resistance at $0.45 to get the rally started.

“If you’re trading, you want to see a clean break of this level on the intraday charts.

There’s at least +20% above this trend line toward the top of the channel. One to watch.”

At time of writing, Dogecoin is trading at $0.456.

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