With his successful predictions, Michael Van De Poppe, who is curious about the opinions of investors in the crypto money world, thinks that the crypto market will move upwards again.
Commenting on the US Dollar Index in the past days, Poppe underlined that DXY has risen enough and a pullback may come. The possible pullback that may begin in DXY may enable Bitcoin and cryptocurrencies to start their upward movement again.
Stating that it is necessary to focus on the 2 major altcoins of the crypto market for the rises, Poppe believes that Ethereum (ETH) and Ripple will rise.
Ethereum (ETH) Might Bounce From This Support Level!
Commenting on Ethereum (ETH), the leading altcoin of the crypto market, Michael Van De Poppe thinks that Ethereum (ETH) has reached a critical support point. Believing that the leading altcoin will start an upward movement from $ 3000 in the future, Poppe has determined the first major resistance as $ 3600. Poppe, who does not believe that Ethereum (ETH) will sag below $ 3000, says that if he loses this support level, the situation will mislead him.
"#Ethereum still holding crucial level, but overall, the market is a bit awkward at this point."
Ripple (XRP), which has lost value due to the SEC lawsuit for a long time, can make huge increases in the coming days. The successful analyst states that the Ripple (XRP) price is very tight. Underlining that Ripple (XRP) has always been mega bull after these squeezes, Poppe heralds that big rises await Ripple (XRP) investors in the future.
"This chart looks so similar to the previous cycle in 2014 and 2017.
Seems like we're going to have that big run on $XRP again.
The more the chart squeezes, the everyone weight breakout will be and will rush into that position."