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Top Analyst Says One Altcoin Ready for 300% Rally, Predicts Spikes in Two More Crypto Assets

Top Analyst Says One Altcoin Ready for 300% Rally, Predicts Spikes in Two More Crypto Assets

Crypto analyst and trader Michaël van de Poppe says one under-the-radar altcoin is poised for a massive surge.

The closely followed analyst tells his 356,000 followers that he’s convinced layer-2 scaling platform Celer Network (CELR) is ready for exponential gains in its Bitcoin pair (CELR/BTC).

“I’m still convinced that CELR is ready for a big new move of 300-700%.

Weekly charts on altcoins are looking quite good for a new impulse wave, with CELR and FET as great examples.”

The crypto strategist predicts CELR/BTC can surge to as high as 0.00000462 BTC ($0.18) from its current value of 0.00000077 BTC, worth about $0.02.

The next crypto that Van de Poppe is watching is the leading smart contract platform and second-largest digital asset by market cap Ethereum (ETH). Once Ethereum breaks the critical level of $2,300, says Van de Poppe, $3,000 will then be in play, setting up ETH for a 30% rally.

“Support held for Ethereum once again, so it’s approaching the other side of the range and crucial breaker, before a continuation to $3,000 could happen.”

At time of writing, Ethereum is trading at $2,995, according to CoinMarketCap.

Van de Poppe also has his eye on cross-chain decentralized finance (DeFi) lending platform Kava.io (KAVA). According to the analyst, KAVA/BTC could be primed for an 86% run from 0.000125 BTC ($4.78) to 0.00024 BTC ($9.17) as it gears up to take out its immediate resistance.

“KAVA looks ready for continuation to 24,000 sats (0.00024).”

As for Bitcoin, Van de Poppe says he expects BTC to test crucial resistance at $40,000.

“Bitcoin facing the next level of resistance (after this it’s $36,000).

Reminder that we’re dealing with a weekend pump. Wouldn’t be surprised to see a retest happening in green to close the CME gap this coming week.

Overall, very good behavior and still expecting $40,000 overall.”

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Featured Image: Shutterstock/Mia Stendal

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date of publication icon 06 Aug 2021 icon of time needed to read the article 2 min read
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