dailyhodl.com
A closely followed crypto analyst is predicting Ethereum’s ($ETH) path to all-time highs, as well as updating his outlook on two other big altcoins.
Trader Michaël van de Poppe tells his 786,500 followers on the social media platform X that he’s expecting $ETH to start making a run to $4,800 with anything below the $2,400 level a bargain for bulls.
“Anything sub $2,400 on $ETH is, after this big move upwards, a steal before we’ll start to run of towards the ATH’s (all-time highs) for Ethereum.”
At time of writing, $ETH is trading at $2,387, nearing Van de Poppe’s high time frame support area.
The trader is also keeping an eye on decentralized blockchain oracle service Chainlink ($LINK). According to Van de Poppe, $LINK is most likely a solid play looking ahead, with the $14 level being a potential entry point for bulls.
“It would be great if $LINK holds this first level of support.
If buying pressure comes in here, that’s a sign of continuation.
What is the next level?
Around $14.
All in all, I think that we’ll start up a new cycle and $LINK is a good one to monitor.”
$LINK is trading for $15.01 at time of writing.
Lastly, the analyst is keeping tabs on Sei ($SEI), a layer-one blockchain focused on speed and efficiency. Van de Poppe believes the Solana (SOL) challenger is close to igniting a new leg up.
“$SEI flipped the level at $0.19 and continued to run upwards, almost to the level that we wanted it to touch at $0.29.
Standard pullback since, and I think that we’ll be ending the correction relatively soon.”
$SEI is worth $0.22 at time of writing.
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