Crypto Money Market Analyst Michael Van de Poppe said that the expectation of rise for water token has strengthened and that there may be a short -term correction in Bitcoin. Van de Poppe said that investors should be careful while sharing predictions based on the technical indicators of the market.
WATER TOKEN ANALYSIS
Water, solana rival Altcoins. Token decreased to $ 3.08 after the $ 5.35 summit in January. The analyst argued that after getting rid of the critical resistance zone, SUI may increase by at least 74 %in the coming months.
The water can reach the new summit in the next quarter. – Michael van also poppe
According to the technical analysis graphs, water may rise to $ 3.20 in the short term, then there is a short retreat below $ 3. This dynamic shows that the fluctuation of the token price may continue.
Bitcoin Analysis
Bitcoin, 27 %of the 2025 bottom levels after a rally at about 94,853 dollars. Van de Poppe said that the short -term price correction and the critical resistance point of around $ 96,000 could prepare the ground. This may offer purchase opportunities after correction.
Buyers will be activated and then move to the new summit. – Michael van also poppe
When the Bitcoin graphics were analyzed, the resistance level of $ 96,000 was taken into consideration. Increased procurement pressure after the correction may contribute to the re -movement of the price. According to the analyst’s interpretations, despite short -term fluctuations for both beings, long -term rise tendency is pointed out.
Analyst’s comments reveal the importance of closely monitoring market conditions and price interactions. With the update of the data, strategies may also need to be re -evaluated.
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.
