Analyst Michael Van de Poppe, known in crypto currency markets, said that he observed remarkable mobility in the crypto currency called Seı. According to Van de Poppe, if the SEI price manages to break the level of 0.20 dollars, an increase of over 100 percent may be possible. Analyst says that technical signals also point to critical thresholds for Bitcoin and Ethereum.
Critical resistance and 100 percent target in SEI
Analyst Michael Van de Poppe says that Seı was traded at $ 0.17 and faces a technical resistance. This resistance is located at $ 0.20. According to Van de Poppe, if this level is exceeded, it is possible to rise to the range of $ 0.30 to $ 0.35. This can offer investors a return potential of over 100 percent.
Analyst has started to show the momentum. There is a strong positive mismatch in long -term graphics in the Bitcoin parity and faced with a critical resistance in dollars.
When the technical indicators of SEI are examined, there are signs that volume increase and price compression end. Especially during the consolidation periods in the Altcoin markets, such sudden breaks can lead to major outputs. The analyst emphasizes that Seı should be watched carefully.
Expecting $ 87,000 in Bitcoin to be tested
On the Bitcoin front, Van de Poppe points out that it may be a new rally after the existing horizontal movement. Leading crypto currency has recently remained stable at $ 83,800. However, the analyst thinks that with the re -testing of $ 87,000, a strong acceleration can be gained towards the highest level of a new time.
“Bitcoin is stuck in the last December. If a test of $ 87,000, we can see a strong break towards the highest level of all time, Van Van de Poppe argues that this level can change its market perception. If Bitcoin receives volume support in this process, it is considered that the rise may be more permanent.
Ethereum can show inverse correlation with gold
In his analysis of Ethereum, Van de Poppe draws attention to gold prices. According to him, ETH has shown reverse correlation with gold in the past, and if the peak in gold prices occurs, Ethereum may be likely to rise. ETH, which has decreased by 2 percent in the last 24 hours, is traded for $ 1,589.
Analyst also states that Ethereum’s RSI indicator has entered the extreme sales zone, which may be a sign of a potential recovery. “We started the week well, ETH Bitcoin rose to 4 percent. However, these gains were usually short in recent months. The most important point to be followed will warn the investors by saying whether gold will peak.
Critical level follow -up and sub -market dynamics for Ethereum investors remain important. Changes in gold prices may affect the course of ETH.
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.
