Cloud Hosting

World-renowned crypto analyst Michal van de Poppe explains a group of altcoins that he believes has the potential to spark strong rallies if Bitcoin continues to consolidate.

In his latest analysis of cryptocurrencies, veteran analyst Michal van de Poppe explains where BTC might go next if Bitcoins failure to close above $ 16,000 triggers a healthy correction. Michal van de Poppe adds the following to his comments on the subject:

WEEKLY CLOSING GOOD, BUT UNDER 16,000 DOLLARS. LEVELS TO FOLLOW: IF THE MARKET BEGINS TO CORRECT: $ 13,700 $ 14,100. THEN 12,800 DOLLAR 13,200 DOLLAR AND 11,500 DOLLAR 12,000 DOLLAR RANGE

As for the altcoin market, the famous analyst says that if Ethereum stays above $ 390, it will make a big breakthrough. Michal van de Poppe adds the following to his comments on the subject:

ETHEREUM STILL MOVES WITH RESISTANCE. IT MADE A BEAUTIFUL SUPPORT RESISTANCE IN 360 DOLLARS, IT HAS RISE HIGHLY. IF THIS DOES NOT FALL BELOW 390 DOLLARS IN THIS RESISTANCE ZONE NOW IN 460 DOLLARS, WE ARE ON THE WAY TO A MASSIVE BREAKING TO 600 DOLLARS AND EVEN TO 800 USD.

Read the original here:
The oracle shares the levels of 3 altcoins that will explode - Somag News