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Following Bitcoin push above 45,000 USD, one of the industry’s best-known crypto analysts reveals his bull run candidates for 2024.
Which Altcoins Could Explode?
Crypto investors are looking forward to the new year – Bitcoin and Co. have a few aces up their sleeves with Halving and Bitcoin ETF. Bitcoin (BTC) is currently trading at 45,131 USD after a 1.15% decline in the last 24 hours, the bulls are taking a break before the next jump higher. Ethereum is also retreating 1.23%, moving around 2,370 USD. The two top coins by market capitalization are operating almost in line with the rest of the markets, as overall the global crypto market capitalization has lost 1.12% since yesterday. A good opportunity to buy cryptocurrencies? The popular crypto strategist Michaël van de Poppe, for example, believes this.
He emphasizes in a new forecast: He is now investing in altcoins – and reveals his top 5 altcoins for 2024! The Dutchman sees strong profits coming from the following cryptocurrencies – and is accumulating them in the current setback. Which is it?
This altcoin has not yet fully entered the mainstream and could really explode soon: Layer 2 scaling solution Optimism (OP) is trading at 3.85 USD after a decline of 2.54% within the last 24 hours, according to Poppe’s forecast is now correcting up to 2.75 USD. In the next few months, however, the price of the coin could almost double: Poppe sees the altcoin pumping to more than 4.50 USD.
Arbitrage (ARB)
Arbitrum was able to gain a whopping 8.55% within the last 24 hours and is currently trading at 1.92 USD. Poppe expects another upward leg and shows his followers a chart on which Arbitrum (ARB) rises to up to 2.95 USD in the BTC pair. In relation to the current price, this corresponds to a 53% rally!
On Coins (SUI)
Sui Coin (SUI) is already up 44% for the month, but Poppe holds out the prospect of further profits – and what’s more: According to his forecast, the SUI price could explode in a similar way to Avalanche (AVAX) or Polygon (MATIC) in the spectacular bull run 2021! Poppe makes it clear: He relies on SUI.
Ethereum (ETH)
Poppe also expects bullish price action on the smart contract platform Ethereum (ETH). According to his forecast, it could have reached the bottom and now, with a certain delay, move massively upwards to Bitcoin. Because: According to Poppe’s assessment, Ethereum could benefit enormously from a Bitcoin ETF – perhaps an Ethereum ETF will follow.
On Coins (SUI)
The crypto analyst has also been bullish on Chainlink (LINK) for months: Now the oracle platform needs to overcome the key resistance at 0.000450 BTC – after which Poppe expects a “massive breakout”. 0.000450 BTC corresponds to the equivalent of 20.33 USD – the breakout could therefore be within reach, as LINK is currently trading at 15.38 USD.
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