A crypto trader who is closely watched by many believes that Ethereum (ETH) is preparing for a significant surge, and he also expresses optimism about two other altcoin projects.

Inmortal, a pseudonymous analyst, informs his 212,000 followers on the social media platform X that ETH is gearing up for its long-awaited rally after finding support near the $2,900 level.

“This time it’s for real. ETH.”

By examining the trader’s chart, it appears that Ethereum is on the verge of rallying towards his target of approximately $3,600. At the time of writing, Ethereum is trading at $3,226.

Inmortal also expresses bullishness about Seedify.Fund (SFUND), an incubator and launchpad that specializes in blockchain gaming. He highlights that SFUND has experienced a double bottom and a 50% dip into support, and the last time it reached this zone, the price surged by 100%.

The analyst believes that the “magic” will happen once SFUND breaks the $3 level. Currently, SFUND is trading at $3.12 with a market cap of $197.841 million.

Additionally, Inmortal has his sights set on Radix (XRD), a layer-1 blockchain project focused on decentralized finance (DeFi). He notes that XRD has undergone over 500 days of accumulation, suggesting that a breakout to the upside is overdue.

After retesting a 500+ day accumulation, the trader has recently made some purchases of XRD.

As of now, XRD is valued at $0.055, which is still more than 91% lower than its all-time high of $0.6513.

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