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Top Analyst Says One Altcoin Ready for 300% Rally, Predicts Spikes in Two More Crypto Assets

source-logo  dailyhodl.com 26 July 2021 07:19, UTC

Crypto analyst and trader Michaël van de Poppe says one under-the-radar altcoin is poised for a massive surge.

The closely followed analyst tells his 356,000 followers that he’s convinced layer-2 scaling platform Celer Network (CELR) is ready for exponential gains in its Bitcoin pair (CELR/BTC).

“I’m still convinced that CELR is ready for a big new move of 300-700%.

Weekly charts on altcoins are looking quite good for a new impulse wave, with CELR and FET as great examples.”

Source: Van de Poppe/Twitter

The crypto strategist predicts CELR/BTC can surge to as high as 0.00000462 BTC ($0.18) from its current value of 0.00000077 BTC, worth about $0.02.

The next crypto that Van de Poppe is watching is the leading smart contract platform and second-largest digital asset by market cap Ethereum (ETH). Once Ethereum breaks the critical level of $2,300, says Van de Poppe, $3,000 will then be in play, setting up ETH for a 30% rally.

“Support held for Ethereum once again, so it’s approaching the other side of the range and crucial breaker, before a continuation to $3,000 could happen.”

Source: Van de Poppe/Twitter

At time of writing, Ethereum is trading at $2,995, according to CoinMarketCap.

Van de Poppe also has his eye on cross-chain decentralized finance (DeFi) lending platform Kava.io (KAVA). According to the analyst, KAVA/BTC could be primed for an 86% run from 0.000125 BTC ($4.78) to 0.00024 BTC ($9.17) as it gears up to take out its immediate resistance.

“KAVA looks ready for continuation to 24,000 sats (0.00024).”

Source: Van de Poppe/Twitter

As for Bitcoin, Van de Poppe says he expects BTC to test crucial resistance at $40,000.

“Bitcoin facing the next level of resistance (after this it’s $36,000).

Reminder that we’re dealing with a weekend pump. Wouldn’t be surprised to see a retest happening in green to close the CME gap this coming week.

Overall, very good behavior and still expecting $40,000 overall.”

Source: Van de Poppe/Twitter
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