Top Crypto Analyst Highlights Area of Interest for Ethereum Traders, Breaks Down BTC and Two Booming Altcoins
A widely followed crypto analyst is seeing “massive opportunities” for Ethereum (ETH) traders in the coming days.
Crypto trader Michaël van de Poppe tells his 645,800 Twitter followers that any traders who aren’t in the ETH market yet might want to reconsider.
“Area I’m interested on ETH.
The dips to come right now are probably the best options before the relief rally will occur.
Massive opportunities if you’re not into the markets yet.”
According to the analyst’s chart, the $1,460 region is a price point ETH traders should jump on. ETH is trading for $1,536 at time of writing.
In a similar fashion, Van de Poppe highlights the $21,100-$21,300 price zone for Bitcoin (BTC) as an important area for BTC traders to keep an eye on.
“Bouncerino time on the markets, which is great.
Wouldn’t be jumping around too much with the Genesis case coming around, but this is at least some momentum. Nasdaq also finding a bit of relief.
Crucial area at $21,100-21,300 for Bitcoin.
If we drop one more time, prob bottom.”
BTC is going for $20,890 at time of writing.
The crypto analyst next looks at Fetch.ai (FET), an artificial intelligence (AI) altcoin that has exploded, along with the rest of the AI markets, in recent months.
“Getting some longs around $0.16 or $0.19-$0.20 on FET would be amazing.”
FET is fetching for $0.26 at time of writing, up 6% on the day.
Finally, Van de Poppe looks into Litecoin (LTC), suggesting that LTC’s movements are partially dependent on the king crypto.
“This would be appropriate for LTC to buy the dip on. Would also mean that Bitcoin fills the gap (all depending on indices to be dropping further, but that seems very likely).”
Van de Poppe’s chart highlights the $76 region as a strong opportunity zone for traders. LTC is trading for $83.92 at time of writing.
Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox
Check Price Action
Follow us on Twitter, Facebook and Telegram
Surf The Daily Hodl Mix
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated Image: Midjourney
Credit: Source link