This is how it works for ETH, SOL and EGLD

Analyst Michaël van de Poppe outlines the potential way forward for the smart contract platforms Ethereum and Solana as well as Elrond’s internet scaling blockchain.

In one Strategy meeting Newly, Van de Poppe says Ethereum will encounter immediate resistance again at $ 3,900 before breaking out.

“At this point, ETH is facing a third resistance as it believes it will move to $ 4,000 before a slight correction and will continue to run after the correction has occurred in both Bitcoin and Bitcoin. ETH. In this case maybe 4,000 US dollars are still achievable for the ETH. “

The source: Van de Poppe / Twitter

Turning to Solana (SOL), the strategist expects the seventh largest crypto asset to continue correcting before it can resume its uptrend and hit a new all-time high at $ 240.

“To be honest, it’s pretty difficult to get into Solana at this point. If you’re looking for entry points, the possible ranges are $ 122, $ 97, and $ 78. Positions for the next run can be built here, as it is more likely that SOL will visit them before the boom. “.

The source: Van de Poppe

The last altcoin on Van de Poppe’s radar is Elrond. Trader Says EGLD / BTC is poised to hit a higher low with a current trade value of 0.0036 BTC (USD 222.87).

The source: Van de Poppe / Twitter

According to the graph, EGLD / BTC appears poised to rally to a new all-time high at 0.007 BTC ($ 433.36), a potential increase of over 94% from current prices.

Here you can see the coin prices.

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Disclaimer: This article is for informational purposes only, not investment advice. Investors should research carefully before making a decision. We are not responsible for your investment decisions.

Annie

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