Really followed cryptom strategist Michaël van de Poppe believes that an Ethereum (Ethics) Rival is in a position to light a real haus phase.
Van de Poppe tells His 776,000 followers on the social media platform X as the Layer-1 protocol near (NEAR) seems to be carving a bicycle bottom.
The analyst says that Near is probably in the last stages of his accumulation phase before he started a bull driving.
“This is a typical chart of a standard Altcoin Bull run.
For starters, it goes up and then corrects completely before the actual driving occurs.
These runs start from the double-back test-> which is happening right now.
Good accumulation area. ”
A double base pattern is a hooked reversing structure, indicating that an asset cements a price floor before it starts upwards. At the time of writing, Near deals for $ 3.45.
Looking at the payments altcoin XRPthe trader says The coin has already printed massive gains this cycle and that all upward potentials are likely to be limited. But he also says that it is within the area of XRP to make the unexpected and spark another large rally.
“In four weeks, the prize was accumulated by 500% on an asset of $ 30 billion.
My best guess is that most of the upside is already captured and only Laggards buy in at these levels.
My second best guess is that we will consolidate before we continue to go up, which will probably take time. In that sense, you still want to buy the dip if you are interested in this.
The question is, where?
Everywhere in the lower areas of the range, so let’s say $ 1.50-2.25. It’s a good region. ”
Turns to the Smart Contract Platform Sui (Sui), Van de Poppe says He remains long -term hausse on Altcoin but warns that a fall to $ 1.50 is possible. He also believes that a 9X rally is in the cards for SUI if it manages to pull off a real bull bike.
“This has been one of the trendy and I think it will continue to show strength … I think the area is ultimately the most important zone …
Cancellation? SUB $ 1.50 … If it loses the Trend Sub $ 1.50-> your potential loss is 40-50%. If it really turns into a bull bike, your upward may be 300-800%. “
At the time of writing, SUI is traded for $ 3.41.
The last altcoin on the trader’s radar is the colleague Layer-1 Altcoin Sonic (S). According to van de Poppe, Sonic is in the middle of a solid upwards, and he believe in It will go beyond $ 1.
“The new, shiny, diamond in the markets.
Strong upward trend and a lot of speed on social media.
Probably will not stay in the coming period.
From the perspective of a merchant, I think you would be willing to buy the dips … so Then the region is between $ 0.675-0,775 area to go for …
CASE? New heights. The trend is clear. “
At the time of writing, S is worth $ 0.86.
Don’t miss a pace – Subscribe To get e -post alerts delivered directly to your inbox
Verify Price measure
Follow us on XThe Facebook and Telegram
Surf The daily Hodl mix
Image: Shuterstock/Alexxxey/Mia Stendal
