PCE data came positive today and we are moving towards September. The decline in Altcoins before the weekend has not yet ended. Poppe, who took Vet Coin on the Favroi list, thinks we’re on the verge of 2025 rally. So why will Vet Coin rise? Eth What’s the latest situation on the front?
Vet coin
BTC In the $ 110,600 area, it has lost support, and the legal war between Trump and Cook is worrying. Although interest rate reductions are expected in September, this will not be in the 300BP band, as Trump requested. Investors focusing on subcoins are investigating opportunities that have not yet started the desired rally.
Michael Poppe Vet coinHe wrote that one of them could be one of them.
“VET will continue to success in 2025. Hayabusa officially received the votes of all stakeholders! This means that there will be significant improvements in stakes and tokenomics.
From a technical point of view, we are on the verge of a great breakthrough, as in previous years. To save here is definitely on my radiation. “
Analyst, who shares the chart, says that the existing levels are great to enlarge positions before the rally. Poppe, which draws attention to growth and low inflation in the number of active users, is extremely hopeful here.
“In the last 6 months, macroeconomics was in a disaster state, which creates a large gap between the“ real ”value of the crypto token (considering negative emotions and basic progress) and the macroeconomic environment.
This creates a significant opportunity, as Vechain has corrected more than 70 %in the last 6 months. Note: The previous rise movement took place at the level of 1,618 fibonacci (this level is a reference point that is frequently used to make a profit). In this case, if this level is used as a reference, we can see a higher rise with a potential target of $ 0.12 in the coming period. ”
Ethereum (ETH)
Blackrock crypto currency ETF continues to grow and remain strong. Despite many discussions this week ETH ETFHe saw a growth of $ 968 million. Since we have not seen such stable and large entrances since the launch, the stable institutional demand in the ETH channel is motivating.
Corporate ETH Treasury companies are also purchasing. Under these circumstances ETHBTC Parity is also positive to linger in the 0.039 region.
Even though ETH is still above the summit in the middle of August, but there is hope that ETH is still above the summary of the 0.044 region.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
