A widely followed crypto analyst says that an altcoin based on Ethereum (ETH) seems ready to soar in the coming months while updating its perspective on Bitcoin (BTC) and Su (Su).
In a new strategy session, the Crypto Merchant Michaël Van de Poppe told its 789,600 subscribers on the X social media platform that it seems that the layer 2 (ARB) scaling solution is ready to increase in the next 1-2 months.
“The Haussier divergence on the ARB remains valid because it begins to make higher stockings and higher ups. One to monitor, and as we have this higher upper divergence, it is a good indicator that it will do well in the next 1-2 months.”
ARB is negotiated at $ 0.411 at the time of the editorial staff, an increase of 1.8% compared to the day.
Going to the crypto-king, the analyst says that he finally believes that BTC will run slowly up to a new summit of all time (ATH). However, he notes that if he had to lose his support at $ 107,000, he could see a clear correction.
“The level per level, the bitcoin continues to grind up. I think we will continue to cring to new ATHS, however, if this green block (support) is lost, you will see quick locks occur.
Quite standard, the corrections will be volatile and with deep wicks because people tend to return quickly to the asset. When can we expect it? If the level of $ 107,000 is lost. »»
BTC is traded at $ 107,249 at the time of writing, a marginal decrease of the day.
By concluding his analysis with the blockchain of the layer 1 and the intelligent contract platform sup network, the merchant says that he is recovering after the Fud (fear, uncertainty and doubt) which surrounded him after being hacked up to hundreds of millions of dollars earlier this month.
“Such comes back strongly after a Fud surrounding the feat of Cetus. TVL (total locked value) has already rebounded with $ 300 million and is back at $ 1.8 billion TVL. I think that sui remains a strong horse in the race for adoption and stabilization of the price proves it.
In addition, this surpasses Solana and I think it will continue to be the case in the next 12-24 months. Just normal consolidation. »»
SU is negotiated at $ 3.58 at the time of the editorial staff, a marginal increase of the day.
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