A generally followed crypto analyst says that an Ethereum (Ethics) -Based Altcoin looks ready to skyrocket in the coming months while updating his view of bitcoin (BTC) and SUI (Sui).
In a new strategy session, Crypto Trader Michaël van de Poppe tells His 789,600 followers on the social media platform X that it seems as if the scale-2 scaling solution Arbitrum (Arb) is founded to rise in the next 1-2 months.
“The raised deviation on ARB remains to be valid as it starts to make higher lowness and higher heights. One to look at, and since we have this higher time frame Hausse Divergence, it is a good indicator that this will do well in the next 1-2 months.”
ARB deals for $ 0.411 at the time of writing, an increase of 1.8% on the day.
Go on to Crypto King, the analyst says That he ultimately believes that BTC will slowly grind up to a new holiday (ATH). But he notes that if it would lose support to $ 107,000, it can see a sharp correction.
“Level after level continues Bitcoin to grind upwards. I think we will continue to grind against new ATHS, but if this green block (support) is lost, you will see fast wicks arise.
Quite standard, corrections will be volatile and with deep wicks because people tend to jump back to the availability of the availability. When can we expect one? If the level of $ 107,000 is lost. “
BTC deals for $ 107 249 at the time of writing, a marginal decrease in the day.
End their analysis with Layer-1 Blockchain and Smart Contract Platform Sui Network, The Traders says It recovers nicely after FUD (fear, uncertainty and doubt) that surrounds it after it had been hacked to hundreds of millions of dollars earlier this month.
“SUI comes back strongly after some FUD surrounding Cetus Exploit. TVL (Total Value Locked) has already jumped up with $ 300 million and is back to $ 1.8 billion. I think SUI remains to be a strong horse in the assumption and the stabilization on the price shows this.
In addition, it is exceeding Solana and I think this will continue to be the case over the next 12-24 months. Just a normal consolidation. “
SUI shops for $ 3.58 at the time of writing, a marginal increase in the day.
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