{"id":37851,"date":"2022-12-12T00:36:38","date_gmt":"2022-12-12T00:36:38","guid":{"rendered":"http:\/\/egrowonline.com\/?p=37851"},"modified":"2022-12-12T00:36:38","modified_gmt":"2022-12-12T00:36:38","slug":"crypto-analyst-michael-van-de-poppe-eyes-rallies-for-ethereum-litecoin-and-one-eth-rival-here-are-his-targets","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=37851","title":{"rendered":"Crypto Analyst Micha\u00ebl Van De Poppe Eyes Rallies for Ethereum, Litecoin and One ETH Rival \u2013 Here Are His Targets"},"content":{"rendered":"


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A widely followed crypto analyst is predicting rallies for a handful of altcoins, including the leading smart contract platform Ethereum (ETH<\/a>) and one of its primary competitors.<\/p>\n

Crypto strategist Micha\u00ebl van de Poppe tells<\/a> his 643,000 Twitter followers that he expects the second-largest crypto asset by market cap to test the $1,450 price level relatively soon.<\/p>\n

\u201cGood response on Ethereum. Have been waiting on this area to give some relief, we\u2019ve got it and [are] facing resistance. If we sustain and keep on making higher lows, I think we\u2019ll test areas around $1,450.\u201d<\/em><\/p>\n

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Source: Michael van de Poppe\/Twitter<\/figcaption><\/figure>\n

Ethereum is changing hands for $1,275 at time of writing, a 2% gain on the day.<\/p>\n

Moving on to layer-1 protocol Avalanche (AVAX<\/a>), van de Poppe says he had the plan to take out long positions on the cryptocurrency when it was hovering around $13, but he opted for another digital asset.<\/p>\n

He now says<\/a> he expects AVAX to test the $16-$17 range if it can bust through the $13.75-$14.50 range.<\/p>\n

\u201cI was looking for a long around $13 on AVAX. I didn\u2019t trigger it as I went for another crypto, but we\u2019re eager for a test at $16-17 if $13.75-14.50 breaks.\u201d\u00a0 <\/em><\/p>\n

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Source: Michael van de Poppe\/Twitter<\/figcaption><\/figure>\n

AVAX is valued at $13.50 at time of writing.<\/p>\n

Van de Poppe concludes<\/a> his analysis with Bitcoin (BTC<\/a>) alternative Litecoin (LTC<\/a>), saying that the asset\u2019s price will depend on several factors, including the upcoming Federal Reserve meeting and inflationary indicators such as the Consumer Price Index (CPI) and the Producer Price Index (PPI).<\/p>\n

The analyst says that LTC flipping the $76 could trigger a rally.<\/p>\n

\u201cPatiently waiting for an entry at $71 or $65, but doubt we\u2019ll get it (probably depending on Federal Open Market Committee, CPI and PPI). Overall, I\u2019m looking at these scenarios and expecting continuation to take place. Lower timeframes; flip of $76 is a potential trigger.\u201d<\/em><\/p>\n

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Source: Michael van de Poppe\/Twitter<\/figcaption><\/figure>\n

LTC is moving for $75.56 at time of writing.<\/p>\n

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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.<\/h6>\n<\/div>\n

Featured Image: Shutterstock\/KeremGogus<\/em><\/span><\/p>\n<\/p><\/div>\n


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A widely followed crypto analyst is predicting rallies for a handful of altcoins, including the leading smart contract platform Ethereum (ETH) and one of its primary competitors. Crypto strategist Micha\u00ebl van de Poppe tells his 643,000 Twitter followers that he expects the second-largest crypto asset by market cap to test the $1,450 price level relatively […]<\/p>\n","protected":false},"author":1,"featured_media":37852,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[43],"tags":[646,62,181,158,793,199,647,649,641,629,1142,648],"class_list":["post-37851","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-litecoin","tag-analyst","tag-crypto","tag-eth","tag-ethereum","tag-eyes","tag-litecoin","tag-michael","tag-poppe","tag-rallies","tag-rival","tag-targets","tag-van"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/12\/Ethereum-Litecoin-and-One.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/37851","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=37851"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/37851\/revisions"}],"predecessor-version":[{"id":37853,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/37851\/revisions\/37853"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/37852"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=37851"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=37851"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=37851"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}