A popular crypto strategist, Bitcoin (BTC), Ethereum (ETH) and Phantom (FTM) He predicts that three digital assets, including
Analyst Michaël van de Poppe told his 615,500 Twitter followers that he expects the three popular crypto assets to rise over the next two months after 2022 experienced a tough first half, with BTC, ETH and FTM being bullish.
“In the next four to eight weeks, Bitcoin will be $28,000, Ethereum $1,500 or more. [ve] Expect to see FTM around $0.45-0.55. It’s time for summer relaxation.”
Looking closely at Bitcoin, Van de Poppe believes that the king cryptocurrency will likely retest support at $20,500 before breaking the resistance at $22,000 and reaching its target of $28,000.
“A potential scenario with Bitcoin (which of course doesn’t have to happen): Look at the $21,900 resistance, the $21,100 and $20,500 support. I believe long swings are possible towards lower bounds, mainly towards $28,000.”
At the time of writing, Bitcoin is changing hands at $21,444.
Ethereum watches for rally
Koinfinans.com As we reported, also speaking in terms of Ethereum, the crypto expert says that the main smart contract platform is waiting for the right time to reach its goal of $ 1,500.
“A good start for ETH. Ethereum is waiting for the right time before it starts running towards the $1500 area (with big gaps).
At the moment, it’s still a long and monotonous journey, but little by little the shorts are being stopped.”
Ethereum, which is trading in the red with a decrease of about 3 percent, is located at $ 1,211.
FTM after slight retraction
Speaking of yet another Ethereum competitor, Van de Poppe said he believes popular altcoin FTM is doomed to a slight pullback before continuing its bounce.
“We expect FTM to test around $0.265 and this will trigger a continuation towards $0.32 and likely $0.45-0.55 in the coming weeks.”
Phantom, which has experienced a decrease of about 4 percent, is trading at $0.27 at the time of writing.
You can check the price movements here.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, KoinFinans and the author of this content cannot be held responsible for personal investment decisions.