Popular cryptocurrency analyst and trader Michael van de Poppe is preparing bullish scenarios for Ethereum, Litecoin and two altcoins as Bitcoin continues to trade in a tight range. Let’s take a closer look at Michael van de Poppe’s predictions…
Michael van de Poppe: People are underestimating the leading altcoin ETH! Great potential
Veteran analyst Michael van de Poppe tells his 351,900 followers in a new tweet that he follows Ethereum closely against Bitcoin (ETH/BTC). According to the crypto strategist, ETH/BTC is poised for a 25% increase as it prints a bullish lower setup. Michael van de Poppe adds the following to his comments on the subject:
A fix on ETH/BTC is not bad. There could be a search for a higher bottom at 0.06 or 0.063 before continuing towards 0.075 BTC. ETH 2.0 is coming. EIP-1559 as well. People underestimate ETH.
Michael van de Poppe: Litecoin and other altcoins reject crucial level of resistance
Another cryptocurrency on the analyst’s radar is the peer-to-peer payments network Litecoin (LTC), which Michael van de Poppe believes is ready to save $280 provided critical support remains above $100. Michael van de Poppe adds the following to his comments on the subject:
I think altcoin projects are also near the bottom. Litecoin and other altcoins reject a crucial level of resistance, but seek some more confirmation before the trend changes. A higher low or double bottom will result in a bullish divergence.
Michael van de Poppe: Nothing has changed on Swipe, still a bull cycle around the corner
Next up is SXP, the native cryptocurrency of payment platform Swipe. Michael van de Poppe predicts that if he takes the key resistance around 0.00006, SXP could surge over 116% to 0.00013 against Bitcoin (SXP/BTC). Michael van de Poppe adds the following to his comments on the subject:
“Nothing has changed on Swipe. I’m still waiting for a bull cycle to be around the corner. Breaking the 100-Day MA (movementollary mean) and it should be fine.
Michael van de Poppe: Popular altcoin Algorand looks good for bullish momentum
Next up is Algorand, a cryptocurrency for payments and a blockchain for decentralized finance applications. According to Michael van de Poppe, Algorand must break the key resistance around 0.000029 against Bitcoin (ALGO/BTC) to move as high as 0.000042. Michael van de Poppe adds the following to his comments on the subject:
Popular altcoin Algorand looks good to go bullish.
Here are the analyst’s successful BTC and altcoin predictions
As we previously reported , Michael van de Poppe correctly predicted the altcoin season in the first quarter of 2020. In addition, the successful analyst foreshadowed the recent declines of Bitcoin saadollarser. In addition to these, the analyst has also achieved a high success rate in crypto money predictions in the past months.
Michael van de Poppe stated that he expected a significant market correction in February and predicted the market crash on February 22. The analyst also correctly predicted the decline of Bitcoin to $ 50,000 in March. Apart from these, the master analyst has other successful cryptocurrency predictions. For this reason, investors follow the analyst’s predictions carefully.