Michaël van de Poppe, decentralized oracle provider Chainlink Attention by sharing the bullish sentiment for the price pulled. Van de Poppe also commented on Ethereum and Bitcoin prices.
Van de Popppe shared that the LINK price could rise over 90% from current levels. The analyst believes that the altcoin could surpass $25-30 as it continues to stay above $13.50 and $14.25 after clearing the lows.
Looking at its chart, Van de Poppe suggests that in the near-term, LINK could soon surpass the $16 level, drop below $15, and then rise above the $18 level.
Chainlink is trading at $15.72 at the time of writing, up nearly 3% in the last 24 hours.
Van de Poppe later EthereumHe believes that (ETH) may have entered an uptrend against Bitcoin (ETH/BTC). According to the trader, the strong jump in ETH price also triggered a possible uptrend. It needs to surpass 0.06 BTC to make sure the trend can continue. However, the weekly bullish divergence continues to show positive sentiment.
At the time of writing, ETH/BTC was trading at 0.05924 BTC ($2,530).
The trader last reported a week after the launch of spot BTC exchange-traded funds (ETFs) Bitcoin He also updated his price forecast.
Van de Poppe suggests that BTC will continue to consolidate in this range, so ETF excitement will fade. As Koinfinans.com reported, although there was a strong entry with the launch of the ETF, the Bitcoin price could not give the desired reaction.
Looking at Trader’s chart suggests that Bitcoin could soon rise above $45,000 and then retest the $39,000 level in March and April, at which point it could move upwards past the $42,000 level around May.