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.

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