Michael van de Poppe: Ethereum is heading towards $20,000

Michael van de Poppe: Ethereum is heading towards $20,000

Well-known analyst Michael van de Poppe predicted an increase in the price of Ethereum to $20,000, and also predicted the growth of five more altcoins.

In his opinion, the ETH price trajectory repeats the bullish trend of 2017. He states that ETH could reach $15,000-$20,000 in this cycle.

Nice comparison of ETH 2017 and ETH 2021. In 2017, the price adjusted by 50%. Now the same thing happens after a correction of 35%. The path to $15,000-$20,000 still remains open.

The cryptanalyst's optimism extends to Chainlink. He believes that Chainlink is the most undervalued altcoin, which is finishing the accumulation stage and is preparing for a wave of growth.

Also, in his opinion, Elrond COTI, Harmony (ONE) and FET will bring significant profits to their holders in the medium term.

Subscribe to ForkNews on Telegram to stay keep up to date with news from the world of cryptocurrencies

You May Also Like

02018-08-15

Analysis of cryptocurrency pairs BTC/USD, ETH/USD, XRP/USD as of 08/15/2018

Altcoin minimums are updated almost every day. Bitcoin, in the near future, is also preparing to update its annual minimum

Analytics, Bitcoin, Ethereum, Ripple
3352018-07-02

eBay joins the Enterprise Ethereum Alliance

A unique American online auction, there are more than 100,000,000 registered users around the world who use instant payments to buy/sell a variety of goods. It's not surprising that one of the largest retailers in the world, with $10 billion in revenue and nearly $2 billion in annual profits, couldn't stay away from blockchain technology and its ability to enable instant transactions.

Ethereum

Latest articles from Ethereum category