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Thursday, February 29, 2024
More
    bitcoin
    Bitcoin (BTC) $ 62,805.83
    ethereum
    Ethereum (ETH) $ 3,474.77
    tether
    Tether (USDT) $ 1.00
    bnb
    BNB (BNB) $ 415.87
    usd-coin
    USDC (USDC) $ 1.00
    xrp
    XRP (XRP) $ 0.594212
    binance-usd
    BUSD (BUSD) $ 1.00
    dogecoin
    Dogecoin (DOGE) $ 0.128547
    cardano
    Cardano (ADA) $ 0.684428
    solana
    Solana (SOL) $ 125.70
    matic-network
    Polygon (MATIC) $ 1.04
    polkadot
    Polkadot (DOT) $ 8.63
    tron
    TRON (TRX) $ 0.143694

    Dealer Michaël van de Poppe Predicts 2x Surge for Prime Altcoin, Says Ethereum Possible To Rally Towards Bitcoin

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    BuyBitcoinFiveMinute

    Cryptocurrency analyst and dealer Michaël van de Poppe is popping bullish on decentralized oracle supplier Chainlink (LINK).

    Van de Poppe tells his 685,200 followers on the X social media platform that LINK might soar by greater than 90% from its present worth.

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    “LINK appears prepared for continuation after sweeping the lows. So long as it stays above $13.50-14.25, every part is probably going persevering with in direction of $25-$30.”

    Taking a look at his chart, the dealer means that within the close to time period LINK might quickly cross the $16 stage, dip beneath $15 after which bounce past the $18 stage.

    LINK is buying and selling for $15.72 at time of writing, up almost 3% within the final 24 hours.

    Subsequent up, the dealer believes that Ethereum (ETH) might have entered into an uptrend towards Bitcoin (ETH/BTC).

    “Sturdy bounce from Ethereum ensuing into a probable uptrend. Wants to interrupt via 0.06 BTC to ensure that the development can proceed, however the weekly bullish divergence identifies that there shall be substantial energy within the coming months.”

    ETH/BTC I buying and selling for 0.05924 BTC ($2,530) at time of writing.

    The dealer additionally up to date his outlook on Bitcoin per week after the launch of spot BTC exchange-traded funds (ETFs).

    “Bitcoin is keen to consolidate inside this vary, the ETF hype slowly fading away. The launch of the ETF was one of many best-performing launches by way of internet influx and quantity and can present within the coming years. Potential resistance at $46,000 and help at $39,000-$41,000.”

    Taking a look at his chart, the dealer suggests Bitcoin may quickly rally above $45,000 after which retest the $39,000 stage round March and April at which level it might then transfer to the upside passing the $42,000 stage round Might.

    See also  BTC value eyes $40K amid file hash price — 5 issues to know in Bitcoin this week

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