Analyst Predicts the Ethereum Price Hitting $4K As Wyckoff Is Playing Out Perfectly, Solana Sees a Textbook Cup and Handle Pattern

Recently, the community has been closely watching the Ethereum price and the price of SOL, as they have seen significant jumps on the weekly charts. Even well-known market analysts like Cas Abbé and Mister Crypto have taken note and are predicting massive surges for these top altcoins.

With the recent news that SharpLink has stockpiled 144,501 ETH tokens and Circle minting over $3B of USDC on Solana in July, this growth could skyrocket.

Cas Abbé: The Ethereum Price Could Soar to $4K

Ethereum (ETH) is one of the best altcoins at the moment as it has seen massive growth recently. CoinMarketCap indicates that the Ethereum price has increased by over 20% on the one-week chart. During that period, the value of Ethereum increased from approximately $3,000 to over $3,600.

Market analyst Cas Abbé thinks this bullish trend will continue for Ethereum (ETH). According to his X post, the Wyckoff pattern has played out perfectly for this altcoin. A minor correction may occur now, but the Ethereum price could see a surge to $4,000 soon.

There was also some exciting news for Ethereum. For instance, Lookonchain says SharpLink just snatched up another 32,892 ETH. Over the last nine days, the company has piled on a total of 144,501 ETH. As the demand for this token rises, so will its value. Therefore, this Ethereum price prediction could come true.

Expert Claims the Price of SOL Looks Poised To Skyrocket

Solana (SOL) is another altcoin experiencing bullish momentum. In the last week, the price of SOL has climbed from about $160 to almost $180, CoinMarketCap numbers show. In other words, nearly a 10% increase for Solana in just a few days.

People are also excited because of a bullish Solana price prediction from expert Mister Crypto. In a recent post, Mister Crypto told his X followers that Solana is now showing a textbook cup and handle pattern. Once it sees a bullish breakout, the price of SOL could surge to $420, according to Mister Crypto.

Solana (SOL) was also in the headlines as SolanaFloor revealed Circle has minted $500M USDC on this network in just one day. This has brought the total USDC minted on Solana to $3 billion as of July.

A Look at the Growth Potential of Ethereum (ETH) and Solana (SOL)

Both the Ethereum price and the price of SOL have the chance to continue rising. There is a clear interest in these altcoins, as evidenced by SharpLink stocking up on Ethereum tokens and Circle choosing Solana as the best network to mint USDC on. As interest in them grows, so will their value. Thus, everyone is looking at Ethereum and Solana as some of the altcoins to watch in July.