Leading cryptocurrency bitcoin‘of (BTC) The 15% rise in a short time benefited the entire crypto money industry, and although the rise stops, its effects continue. BTC has recently signaled to start an important rally by pinning up to $45,500, but it is now moving away from this level. Two altcoin however, they still do not lose the position they gained last week.
Poppe High Hopes for Two Altcoins
Famous crypto analyst Michael van de Poppe also discussed the two altcoins that marked the last week in his latest video. Poppe is striking in both BTC and ETH parities. Terra (Luna) and to Cosmos (ATOM) mentioned. According to Poppe, both ATOM and LUNA have proven themselves as altcoins by rising in BTC parity.
The analyst stated that LUNA and ATOM have been on the rise with good news about the ecosystem recently, but its continuation still depends on BTC. BTC’s protection of the $ 42,000 level can provide this. On the other hand, if BTC stays above $45,000, it will signal a new rally for altcoins. Poppe is highly hopeful of LUNA and ATOM in the long term and mentioned a few more altcoins.
The third altcoin mentioned by the analyst, VeChain (VET) it happened. Stating that VET is also strong in BTC parity, the analyst emphasized that VET should exceed the 155 SATS level for the new rally.
Finally, Poppe Thorchain‘to (RUNE) He mentioned that it can break the $5.8 resistance with sufficient liquidity, and if it fails to break it, it can drop down to $ 4 again.