These cookies ensure basic functionalities and security features of the website, anonymously. Necessary cookies are absolutely essential for the website to function properly. Michaël van de Poppe is of the opinion that once Bitcoin (BTC) reclaims the $22,000 level, it may make another massive run to hit $30,000.
The analyst further pointed out that the crypto market was indeed due for a pullback, but the major collapse of projects such as Terra (LUNA) and Celsius (CEL) made the matter worse for Bitcoin ( BTC) and other cryptocurrencies. Read Also: Credible Crypto Says Unexpected Rally Will Send Bitcoin (BTC) To $100,000. 0IDB6j5fEgĪt the time of filing this report, Ethereum (ETH) is trading at $1,228, with a relatively 13% price uptrend in the last 24 hours.
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If we crack $1,140, I'm assuming we'll continue and have a significant run towards $1,400-1,500 for $ETH. If we crack $1,140, I’m assuming we’ll continue and have a significant run towards $1,400-1,500 for $ETH.”Ĭurrently bouncing, while also the $EUR / $USD is showing some slight relief. Currently bouncing, while also the $EUR / $USD is showing some slight relief. Michaël van de Poppe tweeted, “Crucial zones for Ethereum to watch. He’s also of the opinion that Ethereum (ETH) has the potential to reclaim $1,500 support if it breaks above the $1,140 resistance level. He’s also positive about Bitcoin (BTC), the flagship cryptocurrency.Īccording to Van de Poppe in a tweet, the largest smart contract platform could bottom at around $950. Michaël van de Poppe, a closely followed crypto analyst and trader, has recently predicted that Ethereum (ETH), the second-largest cryptocurrency by market capitalization, will soon embark on a price upside trend.
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