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Anticipated Ethereum Surge Predicted by Michaeël van de Poppe – Discovers Potential Targets for the Breakout

Analyst Predicts Potential Surge in Ethereum (ETH), With a Possible Dip to $2,233 Support First, Before Soaring Over 56% Higher Than Current Value, According to Michaël van de Poppe on X Social Media Platform.

Analyst Predicts Potential Surge in Ethereum (ETH): Crypto Trader Michaeł van de Poppe suggests a...
Analyst Predicts Potential Surge in Ethereum (ETH): Crypto Trader Michaeł van de Poppe suggests a possible dip to $2,233 support on the daily chart before a potential 56% increase in Ethereum's current value, as shared in a recent post to his 786,500 followers on X, a social media platform.

Anticipated Ethereum Surge Predicted by Michaeël van de Poppe – Discovers Potential Targets for the Breakout

Title: Ethereum predictions: Leading analyst expects explosive growth in ETH and potential altcoin resurgence

So, you're interested in the latest Ethereum predictions, huh? Well, hold onto your hats, because crypto expert Michaël van de Poppe has some exciting insights for us.

In a recent Twitter thread, the social media sensation shared his thoughts on Ethereum's (ETH) potential price movement. According to van de Poppe, Ethereum could first dip to around $2,233, acting as a potential support level on the daily chart, before blasting off over 56% of its current value.

"ETH has run into a higher timeframe resistance zone and that requires a build-up before it can break upwards. Sub $2,400 is a massive opportunity to get in before this runs above $4,000."

But that's not all. The analyst also suggests that Ethereum is likely in an uptrend against Bitcoin (ETH/BTC) on the weekly chart, comparing the current situation to the 2019 bottoming pattern.

"A gentle reminder that the previous bottom for ETH was in September 2019. After that, a bull run of 826 days took place. Right now, ETH has likely bottomed some weeks ago. That's just 21 days behind us, which doesn't mean we'll end the bull run in the next 50 days."

As of writing, ETH/BTC is trading at 0.02480 BTC ($2,558), down 1.16% in the past 24 hours.

Last but not least, van de Poppe talks about the impact of ETH's potential breakout on the broader altcoin market, suggesting that a bull run for Ethereum could signal a lot of potential upside for altcoins as well.

"If this happens on ETH, that would signal a lot of potential upside to come for the entire altcoin market. Buy the dip opportunity."

So, are you ready to join the hype and ride the Ethereum wave? Remember, always do your due diligence and make informed decisions before investing in high-risk assets like cryptocurrencies.

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Source: The Daily Hodl

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"The potential breakout of Ethereum, as suggested by crypto expert Michaël van de Poppe, could lead to a significant upswing for the altcoin market, potentially providing a 'buy the dip' opportunity for investors."

"With analysts predicting enormous growth for Ethereum and the potential resurgence of altcoins, there is an increased focus on blockchain-based finance and investing, particularly the integration of cryptocurrencies within the wider iGaming ecosystem."

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