The Crypto strategist widely followed, Michaël Van de Poppe, believes that a rival of Ethereum (ETH) is able to light a real upward phase.
Van de Poppe says to his 776,000 subscribers on the social media platform X that the nearly (near) protocol seems to sculpt a low cycle.
The analyst indicates that near is probably in the final stages of its accumulation phase before launching a Bull Run.
“It is a typical graphic of a standard Bull Run Altcoin.
At the beginning, it rises, then corrects completely before the real race occurred.
These races start from the Double -Bottom Retest -> This is happening at the moment.
Good accumulation area.
A double -bottomed pattern is an upward reversal structure, indicating that an asset cement a fold before launching a burst up. At the time of writing, nearly $ 3.45.
Looking at the Altcoin XRP payments, the merchant says that the part has already printed massive gains this cycle and that any increase in increase will probably be limited. But he also says that it is in the field of the possibility for XRP to do the unexpected and to trigger another large rally.
“In four weeks, the price rallied 500% on an asset of $ 30 billion.
My best assumption is that most of the increase is already captured and that only latecomers buy at these levels.
My second best supposition is that we will consolidate before continuing to go up, which probably takes time. In this sense, you always want to buy the dip if you are interested in it.
The question is, where?
Everywhere in the lower areas of the range, so let’s say 1.50 to $ 2.25. It’s a good region.
At the time of writing, XRP is worth $ 2.57.
Turning to the SUP (SUI) intelligent contract platform, Van de Poppe says that he remains in the long term on Altcoin but warns that a drop to $ 1.50 is possible. He also thinks that a 9x rally is in the cards for sui if he manages to make a real bull cycle.
“It was one of the trends and I think it will continue to show force … I think in the end, the $ 2.50 area is the key area …
Cancelation? Less than $ 1.50… if it loses the trend, less than $ 1.50 -> Your potential loss is 40 to 50%. If it really turns into a bull cycle, then your advantage can be 300 to 800%. »»
At the time of writing, SU is negotiated at $ 3.41.
The last altcoin on the trader’s radar is the compatriot Altcoin Sonic (s). According to Van de Poppe, Sonic is in the middle of a solid rise, and he thinks that it will go beyond $ 1.
“The new brilliant diamond on the markets.
Strong upward trend and lots of momentum on social networks.
Probably won’t stop in the coming period.
From the point of view of a merchant, I think you would be ready to buy the hollows … so Then the region between 0.675 and $ 0.775 is the area to follow…
Targets? New heights. The upward trend is clear.
At the time of writing, S worth $ 0.86.
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Star image: Sternersoch / Alexxxey / Mia Stendal
