Peter Brandt: The long-term resistance level for Ethereum is $5000, and it could reach $8600 after breaking through

Famous trader and chart analyst Peter Brandt, who successfully predicted the Bitcoin crash in 2018, shares his long-term outlook on Ethereum, stating that the current Ethereum price is around 2794 USD, indicating a potential rise to around 8600 USD after breaking through the 5000 USD resistance. Additionally, Peter Brandt believes that the long-term target for XRP could reach 5.4 USD.