Popular Twitter analysts Michaël van de Poppe and Pentoshi predicted the next levels for Bitcoin and 5 popular altcoin projects in their recent technical analysis.
“The rally for a Cosmos-based altcoin project is not over yet”
Popular crypto analyst Michaël van Van RUNE rallied 147% to $11.99 from $4.85 on March 1. de Poppe said in a recent tweet that THORChain could go higher:
I think we will continue towards $14.50-15 in RUNE.
Overall, the analyst says that altcoin projects like RUNE are delayed for the next bullish cycle, which he thinks will outweigh even the bull cycle in 2021:
Altcoins It was in a bear market for a year. I think they’re done with that and we’re close to a new cycle… One thing is for sure, the 2021 cycle was crazier than 2017 in terms of the size and growth of adoption. The next one will be heavier.
Analyst says MATIC may drop a bit before rebounding as layer 2 scaling solution moves to altcoin Polygon (MATIC).
I’m still potentially looking at this (below) level for MATIC. Switching to
VeChain (VET), the analyst believes the altcoin’s bullish divergence is almost complete, which could trigger another leg for VET.
Van de Poppe lists Zilliqa (ZIL) as the last. The analyst warns investors to avoid chasing after it is up 340% in the last month alone.
Bitcoin and Ethereum’s rally is not over
Twitter analyst nicknamed Pentoshi, Terra (LUNA) co-founder Do Kwon decided to buy more BTC He says that there is a possible rise to $ 53,000 depending on the price.
Analyst later scrambled to ETH following the recent $600M attack on the Ethereum side chain Ronin Network, which provides the payment mechanism for the play-to-win game Axie Infinity (AXS). gives weight. In light of the stolen ETH being sent to one of the world’s largest cryptocurrency exchanges, FTX, he thinks the attack could bode well for Ethereum price to move forward and surpass the $3,600 level. Pentoshi, whose analysis we share as
Kriptokoin.com, finally talks about a new tweet by MicroStrategy CEO Michael Saylor, announcing a $205 million Bitcoin-backed loan with Silvergate Bank:
Terra’s $1.2 billion BTC purchase, not everyone said it would affect the price. Saylor’s purchase also means that the price for BTC will drop.
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