Ethereum And Bitcoin Predictions: ETH Is Heading Towards $500; ETH And BTC Are Ready To Rally
There have been all kinds of optimistic predictions made in the crypto space, and now, a new bullish forecast pops up. It involves Bitcoin and Ethereum.
At the moment of writing this article, BTC is trading in the green, and the most important coin out there is priced at $11,706.98.
ETH is also trading in the green, and the digital asset is currently trading at $444.20.
These coins could see bullish rallies in September
Crypto trader and strategist Michaël van de Poppe addressed the top five coins which he thinks could ignite bullish rallies in September, according to the Daily Hodl.
In a new YouTube video, the trader who is also known in the industry as Crypto Michaël says he’s looking at Ontology (ONT/BTC) because the pair seems to be carving a bottom.
“The next levels are 1,000 satoshis and 1,200 satoshis,” he said.
He also addresses Wanchain (WAN/BTC) and said that the pair could target 5,000 satoshis and 6,200 satoshis.
Crypto Michaël also talked about Celer Network (CELR/BTC) and he pointed out the fact that the pair continues to flash bullish signals.
He said that the digital asset is currently consolidating and he expects the pair to hit 200 satoshis and 330 satoshis.
The fourth coin is Troy (TROY/BTC). “If we do hold, that would be beautiful as then the next rally should most likely bring us towards 107 satoshis and 145 satoshis,” he said.
The fifth coin that he said will see bullish moves is Curve DAO Token (CRV/BTC).
“You want to see a clear support-resistance flip at 2,900 satoshis. If we do get that, I think we’re going to test the levels around 6,000 satoshis and 4,100 satoshis,” he said as cited by the same online publication mentioned above.
Short term resistance zone hit.
Probably some more ranging expected. Crucial to see $11,250-11,300 hold as a HL.
If $11,650 breaks, I think $12,000 next. pic.twitter.com/pePedjzZAH
— Crypto Michaël (@CryptoMichNL) August 29, 2020
He also stressed the fact that both BTC and ETH are bullish these days.
— Crypto Michaël (@CryptoMichNL) August 30, 2020
Stay tuned for more crypto predictions. Also, make sure to watch the video above in order to learn everything he had to say.
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Andreas Townsend Author
I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.