The crypto market suffered a strong correction during the past few days, but now things are starting to look better once again.
Despite the price volatility, there are all kinds of optimistic crypto predictions popping up. Check out the latest ones below.
Bitcoin, Ethereum, Cardano new price predictions
It’s been just revealed that the crypto trader and analyst Michaël van de Poppe addressed important levels to watch for Bitcoin (BTC), Ethereum (ETH), and Cardano (ADA).
He explained that there are various signs showing that Bitcoin is gearing up for a fresh rally.
“Yesterday, we’ve had a beautiful retest, so price broke back above the range ($47,000-$50,000), and we’ve actually retested the levels that I wanted ($47,000), and that’s very normal to be having at this stage in which we get some consolidation going on the Bitcoin markets…”
He also said that once BTC breaks above $50,000, the king coin will be “grinding all the way back up towards a new all-time high.”
Bitcoin has been exploding in popularity, especially in the middle of the global crisis in which we are.
Back in 2020 and this year as well, the world has been confronted with one of the toughest hardships that our generation has known, and Bitcoin managed to prove its resilience.
Regarding ETH, Van de Poppe says he wants to see the $3,400 level hold as support before moving towards new highs.
Here’s what he had to say about ETH:
“I think we are going to have continuation towards the range high, which is around $3,840 towards 4,000.”
Regarding Cardano, he said that after it establishes a new support level following the launch of smart contracts on the blockchain.
“As long as Cardano is going to stay above that level of $1.90, I think it’s going to continue moving.”
Stay tuned for more news about the most important coins in the crypto market.