Analyst and investor Michaël Van de Poppe said he expects significant mobility in the crypto money market. Van de Poppe said that after a significant correction in the Near protocol, there is a potential for rise in this digital asset. The statements emphasized that market dynamics should be followed closely.
Near Protocol and Price Expectations
According to Van de Poppe’s interpretation, it is possible to experience significantly an increase in Near’s current value. Near, who is currently traded at $ 3.33, is expected to be between 15 and 20 dollars in a few months. The increase in the increase of 500 percent may attract the attention of investors.
Michaël Van de Poppe: “It is a suitable point for Near. All liquidity has decreased to the lower levels and a strong weekly formation was formed. If this is the cleaning of liquidity, the next target can be between $ 15-20. ”
Bitcoin consolidation process
Also, analyst Bitcoin $96,228.6He said he would watch horizontal before reaching the highest level (about 108,000 dollars). The consolidation process will take place before the breaking of a level of resistance.
Michaël Van de Poppe: “Bitcoin is now stuck in a certain range. The real turning point will be revealed with the breakage of AC. For now, a period of stability is observed. “
Taurus Divergence in Ethereum
ETH, Bitcoin against the weekly graph in the bull divergence is observed. This indicates that the price may increase as long as it is supported by technical indicators. Especially the increase in indicators such as RSI is important.
Michaël Van de Poppe: “There will be significant transition for ETH next week. Depending on the volume of transaction, the excessive level of 0.03 may confirm the divergence. ”
While the analyst shared the predictions of different digital assets on market movements, he emphasized the importance of technical indicators and formations. It was stated that investors should follow these data and act cautiously. The general structure of the market, volatility and liquidity conditions may be decisive in the future.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
