Incoming collections for Bitcoin, Ethereum and one of ETH’s top rivals, according to analyst Michaël van de Poppe – Here are his goals
A popular crypto strategist predicts a rally in the coming weeks for a trio of digital assets, including Bitcoin (BTC), Ethereum (ETH) and Phantom (FTM).
Analyst Michael van de Poppe says his 615,500 Twitter followers that he is optimistic about BTC, ETH and FTM, as he expects the three cryptocurrencies to increase over the next two months after a rocky first half of 2022.
“Expect to see Bitcoin at $ 28,000, Ethereum at $ 1,500 or more [and] FTM to $ 0.45-0.55 over the next four to eight weeks. Summer relief time. ”
When he looks at Bitcoin, Van de Poppe says that he sees that the royal crypt may test the support again at $ 20,500 before taking out resistance at $ 22,000 and gathering to the goal of $ 28,000.
“A potential scenario on Bitcoin (no need to play out obviously). Looking at $ 21,900 resistance, looking at support at $ 21,100 and $ 20,500. Lower limits, I look strongly at swing longs against $ 28,000.”
At the time of writing, Bitcoin is changing hands for $ 21,444.
When it comes to Ethereum, the crypto strategist believes that the leading smart contract platform is giving itself time for a rally to its goal of $ 1500.
“Good first step for ETH. It’s a matter of time before we start running towards the $ 1500 range (as there are big gaps in between).
Right now, still slow sanding, but slow shorts are being stopped out. “
At the time of writing, Ethereum is swapping hands for $ 1,211.
Next up is the Ethereum challenger FTM, which Van de Poppe says is due to a small withdrawal before it continues to bounce.
“Looking for FTM to test around $ 0.265, and it will trigger continuation towards $ 0.32 and most likely $ 0.45- $ 0.55 in the coming weeks.”
At the time of writing, Fantom is valued at $ 0.27.
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