Top crypto analyst Michaell van de Poppe says the price of altcoin can rise by up to 200% as Bitcoin (BTC) and many other crypto assets recover.
Van de Poppe To tell His 619,600 Twitter followers say investors could make significant profits on tokens such as Avalanche (AVAX), Solana (SOL) and Chainlink (LINK).
“The whole market looks ready to keep moving. Many altcoins and Bitcoins are above the 50-day moving average. Bitcoin is above the 200-week moving average. These altcoins I expect the coins to last 100-200%. “
trader To tell That AVAX could reach $ 41 from the current $ 24.34.
“Altcoins are ready to run an additional 100-200% from here.
As an example, AVAX is shown below.
- Previously exceeded the 50-day moving average. Retesting confirmed purchase pressure.
- All past highs have accelerated above $ 26.
- 1D bullish divergence
Possible targets:
$ 37- $ 41 “
he To tell Solana, which is currently trading at $ 43.31, could surge by nearly 94% to $ 84.
“The altcoin that can be continued here is SOL.
why?
- Hold MA for 50 days or more.
- Certain highs are pushing up buyer pressure.
- Attacking $ 26 will give you acceleration.
Potential target:
$ 62
$ 84 “
Van de Poppe To tell The blockchain Oracle network is still trading for $ 7.20, so it’s a good time to buy Chainlink.
“Chainlink looks like it’s ready for a good breakout. It looks like the USD / BTC pair is accumulating as months of sideways action have taken place. That’s where you invest. I still believe that LINK’s $ 6-8 is a lifelong opportunity. “
The price of crypto assets has risen following Wednesday’s announcement by the Federal Reserve’s Policy Council and Federal Reserve Chairman Jerome Powell to raise future dovish interest rates.
At the time of writing, Bitcoin has risen 4.72% in the last 24 hours to trade at $ 23,916. Ethereum (ETH) also increased by 7.4% in the same time frame, trading at $ 1,740.
“Ethereum is $ 1,700 and Bitcoin is $ 23,600. Fire Summer Relief Rally. Make your dreams longer!”
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