Crypto currency analyst Michael Van de Poppe said that Altcoins can soon achieve significant acceleration in the social media platform X. According to Van de Poppe, the price of subcoinker Bitcoin in the coming weeks $104,470.79can perform better than in compared to. Analyst said that altcoins pointed to a strong positive decomposition against Bitcoin for a long time.
Altcoin bull
Van de Poppe observed a positive deviation in the analysis of the total market value of Altcoins on the ratio of Bitcoin. This suggests that the procurement pressure increases and altcoin prices are horizontal or downward, although the rise potential has increased. It is stated that this positive separation, which has been going on for a long time, may increase the interest of subcoins among investors.
Analyst made the following assessment as a result of graphic investigations:
“Altcoin market value still has a very positive appearance against Bitcoin. The longest -term positive decomposition in history is experiencing.”
Market experts say that such a deviation may indicate a strong trend change.
Opportunities in Ethereum and Altcoins
Ethereum $2,560.83Van de Poppe, who also attracted attention to the performance of Bitcoin, said that Ethereum has recently started to decompose. The analyst points out that the price of Ethereum in the last three weeks has been significantly recovered in front of Bitcoin. Thus, it is emphasized that there is a positive transformation in the technical appearance of Ethereum.
In addition, Van de Poppe, who also mentioned that there are positive decompositions on a weekly basis on many subcoraes, describes these developments as a positive signal for the Altcoin market. The Ethereum/Bitcoin parity was about 0.0242 BTC (about $ 2,515).
Van de Poppe’s evaluations are as follows:
“Three weeks ago, the positive decomposition in Ethereum was a sign of a transformation. The rising bottom was confirmed and a strong break took place. The trend change was clearly.
Despite the positive technical signals in crypto markets, investors should be careful in purchasing and selling transactions.
In the crypto currency market, analysts have recently drawn attention to subcoins and an expectation of action has occurred. The extent to which this mobility will take place and how the long -term consequences will be will continue to be shaped according to market dynamics. Of course, we will all live and see that there are networks, and considering the risk of loss of investors, they should again create their own investment strategies themselves and not copy the strategies of analysts one by one.
Those interested in the crypto money market can make conscious decisions by closely following technical analysis and market trends. Particularly in times of volatility, announcements and technical indicators can provide important information. Experts’ analysis may be a harbinger of strong trend changes in the market, but each investor’s personal assessment is important for the management of risks.
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.