Michaël van de Poppe – Ethereum Could Rise to $10,000-$17,500 February 1, 2021 February 1, 2021 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Bitcoin NewsFebruary 1, 2021 by Kelly Cromley

Michaël van de Poppe – Ethereum Could Rise to $10,000-$17,500

Michaël van de Poppe, one of the renowned cryptocurrency analyst, has divulged his price target for Bitcoin (BTC), Ethereum (ETH) and six more crypto currencies.

In his latest tweet, Van de Poppe has explained to his 114,700 followers that he expects Bitcoin (BTC) to rise to 1,223% in the currency bull cycle from the prevailing level of $34,000. He tweeted “Bitcoin to $350,000-450,000.”

In the short-term, nevertheless, Van de Poppe anticipates Bitcoin to consolidate at the current levels before starting another bullish uptrend.

With regards to Ethereum (ETH), Van de Poppe has stated that the prominent smart contract platform can easily rise by more than 12x from the current value of $1,360 before the bull market hits its peak. Ethereum will trade between $10,000 and $17,500.

Van de Poppe is also tracking interoperability blockchain Polkadot (DOT). According to the analyst, the crypto token has the ability to gain 1,960% in the months ahead. That will take Polkadot to a price range of $250 to $350.

With respect to Zilliqa (ZIL), the trader trusts the highly scalable blockchain to record commendable gains in the months ahead.

“How about a bullish chart? This one of Zilliqa is a massive bullish chart. Still nicely consolidating above the regions I’ve provided earlier. Most likely some further consolidation before continuation towards the all-time high regions.”

Before the end of current bull market, Van de Poppe forecasts Zilliqa (ZIL) to reach between $5 and $7, from the current level of $0.07. Similarly, he expects the decentralized oracle network Chainlink (LINK) to double from the current level as explained below:

“The previous resistance receives tests before continuation. Happened every time, happens now again. The $20 area got tested and validated as an easy entry point. Could be low or $16-$17.50 will be. The continuation to $50.”

In the years ahead, the analyst anticipates LINK to reach $250 to $350 range.

The other noted cyrptocurrrency in the list of Van de Poppe is DIA, which offers decentralized finance oracle solution. The cryptocurrency is currently trading at about $1.88. Van de Poppe anticipate forecasts a price of $2.94, which translates to a gain of 54%, by March.

“The grey area held for support, through which DIA is preparing itself for the first bull run.”

In the years ahead, Van de Poppe forecasts that DIA can offer yield of roughly 3,390% as he trusts it can rally to $50 to $75 before the bull market starts losing momentum.

Van de Poppe has also made an eye popping prediction for Cardano (ADA), which is often pitted as Ethereum competitor. He expects ADA to rally as much as 5,600% from current level of $0.35 to reach between $10 and $20. In case of internet scale blockchain Elrond (EGLD), Van de Poppe has predicted price target of between $500 and $750. That translates to a gain of about 1,035% from the current price level of $66.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.