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

3952021-08-15

Opinion: Ether is a more democratic cryptocurrency, it is still available to small investors

The entire year of 2021 has been generally positive for the altcoin market. And Ether strengthened its position as the second coin on the market. Since the beginning of 2021, the coin has given its investors +667.4% growth. To understand what the future of Ether will be, it is worth considering the key events of the network in 2021.

Opinion, Ethereum
02018-08-16

Analysis of cryptocurrency pairs BTC/USD, ETH/USD, XRP/USD as of 08/16/2018

After recovering from the lows, the possibility of a bullish impulse appeared

Analytics, Bitcoin, Ethereum, Ripple

Latest articles from Ethereum category