Trader Says One Top-50 Altcoin Could Explode 500% This Year, Updates Outlook on Bitcoin and Ethereum
Analyst and trader Michaël van de Poppe is flipping bullish on one layer-1 protocol following a massive correction. Van de Poppe tells his 772,700 followers on the social media platform X that NEAR, the native cryptocurrency of Near Protocol, could surge to $20 within months, a 500% increase from its current value. “Pretty ideal spot for NEAR. It took all the liquidity beneath the lows and seems to have a strong weekly candle. If this is the liquidity sweep, then next target is $15-$20 in the next three-six months.” Source: Michaël van de Poppe/X NEAR is trading for $3.33 at time of writing, up 5.6% in the last 24 hours. Next up, the analyst says Bitcoin (BTC) may trade sideways until it can break through the resistance level at its all-time high of around $108,000. “Anyways, Bitcoin stuck in the range, the real inflection will occur once it breaks ATH. For now, just consolidation before the next leg up.” Source: Michaël van de Poppe/...