HomeEthereumAnalyst Michaël van de Poppe Anticipates Major Breakthrough for Ethereum, Forecasts Surge...

Analyst Michaël van de Poppe Anticipates Major Breakthrough for Ethereum, Forecasts Surge for Layer-1 Altcoin

-


Crypto Strategist Michaël van de Poppe Predicts Big Trend Shift for Ethereum (ETH)

Crypto strategist Michaël van de Poppe is making waves in the cryptocurrency world with his bold predictions for Ethereum (ETH) and other altcoins. Van de Poppe, who has a large following on social media, believes that Ethereum is on the brink of a major trend shift.

In a recent tweet to his 717,600 followers, Van de Poppe shared his thoughts on the upcoming decision by the U.S. Securities and Exchange Commission (SEC) regarding spot Ethereum exchange-traded funds (ETFs). He doesn’t expect the SEC to approve the pending applications from financial giants Hashdex and Ark 21Shares, which are set to be decided on May 30th.

Van de Poppe predicts that this decision will be a pivotal moment for Ethereum, with the potential for a big reversal in the market. According to his analysis, ETH could drop below $2,700 before bouncing back and rallying to $3,800. At the time of writing, Ethereum is valued at $2,920.

But Ethereum is not the only altcoin on Van de Poppe’s radar. He also has high hopes for AIOZ (AIOZ), a layer-1 crypto project, and Arbitrum (ARB), an Ethereum scaling solution. Van de Poppe believes that AIOZ could continue its bullish momentum as long as it stays above $0.65, while ARB is nearing a bottom at around $0.90.

Additionally, Van de Poppe is keeping an eye on Verasity (VRA), the native asset of a video-sharing blockchain. Despite being in a downtrend, Van de Poppe sees potential for VRA to find support at $0.004.

Overall, Van de Poppe’s insights and predictions are drawing attention from cryptocurrency enthusiasts and investors alike. As the market continues to evolve, his analysis could prove to be valuable for those looking to navigate the volatile world of digital assets.

LATEST POSTS

JPMorgan questions SEC approval for Solana and other crypto ETFs

JPMorgan Skeptical of SEC Approving Solana and Other Crypto ETFs Following Ethereum Approval JPMorgan Casts Doubt on SEC Approving Solana ETFs Following Ethereum Approval In a...

Gopax Offloads Genesis Claims as Binance Affiliate

Binance Sells Gopax Victims' Asset Claims for Less Than Half of Original Value Binance Sells Victims' Asset Claims at a Fraction of Their Worth, Leaving...

Is Ethereum Gaining Ground in the Crypto World?

Factors Favorable to a Capital Rotation Towards Ethereum: An Analysis by Laetitia B. The cryptocurrency market is known for its cyclical nature, with capital rotating...

Former Top Regulator Claims Elizabeth Warren’s Anti-Crypto Faction is Decreasing in Size Like a Shrinking Iceberg

Former CFTC Chairman Christopher Giancarlo Discusses the Future of Crypto in the U.S. Former CFTC Chairman Christopher Giancarlo is bullish on the future of cryptocurrency...

Most Popular