The crypto market continues to look bullish today, with most of the important coins trading in the gree. There are all kinds of bullish predictions about the prices of digital assets these days. Check out the latest ones below.
Ethereum, Solana, and Elrond new predictions are out
It’s been just revealed that the prestigious analyst Michaël van de Poppe is currently analyzing the potential path ahead for Ethereum and Solana, as well as internet-scale blockchain Elrond.
He just said that he expects Ethereum (ETH) to respect its immediate resistance at $3,900 one more time before finally breaking out.
“At this stage, we’re facing resistance for the third time assuming that we might be getting a rally like this (move to $4,000) before we correct a little bit and continue running after the corrective move has taken place on Bitcoin and ETH. In that case, probably around $4,000 we can still hit.”
The analyst is also analyzing Solana (SOL), and he is expecting the digital asset to continue its correction before it could restart its uptrend and print a new all-time high at $240.
“At this stage, jumping into Solana is quite tricky, to be honest. If you’re looking at the price action, you want to look at support levels to jump into.”
He also said the following:
“So you’re looking at those ranges ($122, $97 and $78) to potentially build your position towards the next run as the assumption is that we most likely are going to get run over it in the next phase of this bull cycle.”
The analyst is also looking at Elrond against Bitcoin (EGLD/BTC) – he said that this is poised to print a higher low at its current trading value of 0.0036 BTC, worth $222.87.
“First point of interest hit on EGLD.”
Stay tuned for more crypto predictions, and make sure to keep your eyes on the crypto market.