“The Booming May Begin!”: Here’s Bitcoin, Ripple and Altcoin Forecasts by World Famous Trader.
World-renowned crypto analyst and trader Michaël van de Poppe shared his new predictions for Bitcoin, Ripple and altcoins. The analyst says BTC could retreat by as much as 26% from its current levels in the coming weeks. According to Michaël van de Poppe, Ripple could go towards a new high at $ 1.00. Also, the successful analyst is waiting for a new altcoin boom to start.
Michaël van de Poppe: A new altcoin boom could begin
World-renowned crypto analyst and trader Michaël van de Poppe said that Bitcoin will go through a significant correction before the next big rally begins. The veteran analyst tells the 87,000 Twitter followers that BTC could retreat by as much as 26% from its current levels in the coming weeks. After that, Michaël van de Poppe is waiting for a new altcoin boom to start. Michaël van de Poppe adds the following to his comments on the subject:
CONGRATULATIONS TO THE MAJORITY OF CRYPTO TWITTER, IT’S FINALLY BROKEN. IT’S BEEN A TOUGH THREE YEARS… THIS IS SO COOL AND FUNNY, IT’S STILL JUST THE BEGINNING OF THIS NEW CYCLE… I STILL BELIEVE BTC SHOULD MAKE A CORRECTION… IF IT MAKES ANOTHER CORRECTION TOWARDS $ 16,000 OR $ 14,000, THE REAL ALTCOIN SEASON AND THE PARTY COULD BEGIN.
Michaël van de Poppe: Ripple price could go up to $ 1
Michaël van de Poppe also watches XRP closely to see where the third largest cryptocurrency can go next. The veteran analyst says XRP should stay above the $ 0.635 level to prevent a big downside move. Michaël van de Poppe adds the following to his comments on the subject:
WE SEE A HUGE RISE FROM $ 0.20 TO $ 0.80 ON SEVERAL EXCHANGES. WE TOOK A NICE BREAK ON THE DAILY CHARTS WHERE WE CAN IDENTIFY TWO SUPPORT LEVELS AROUND $ 0.30 AND $ 0.45… HERE WE SEE THAT WE ARE TRYING TO BREAK THE RESISTANCE AREA. HOWEVER, IF WE WANT TO MAINTAIN SUPPORT, WE NEED TO KEEP THE PRICE ABOVE $ 0.635. IF THIS CONTINUES, WE COULD BE HEADING TOWARDS A NEW HIGH OF $ 1.00. IF WE LOSE $ 0.635, MARKETS SHOULD HOVER BETWEEN $ 0.45 AND $ 0.47 AS A NEW SUPPORT ZONE.
Here are the successful predictions of Michael van de Poppe
Famous analyst Michael van de Poppe accurately predicted the altcoin season in the first quarter of 2020. In addition, the analyst reported the recent declines of Bitcoin hours in advance. Apart from that, the master analyst has other successful BTC predictions.