Renowned trader and founder of MN Trading, Michaël van de Poppe, shares his perspectives on the trajectory of Ethereum ($ETH) in an upcoming rally.
In a bold forecast, van de Poppe expresses his expectation for Ethereum to sustain its rally. This sentiment aligns with the cryptocurrency’s pursuit of breaking out of an 18-month range, marking a significant phase in its market dynamics.
Van de Poppe identifies a strategic entry opportunity should a dip occur within the $1,800–1,900 range. According to the expert, this zone presents an attractive area for market participants to enter positions, considering Ethereum’s overarching objective of breaking free from its long-standing range.
Beyond the potential entry zone, van de Poppe outlines ambitious targets for Ethereum. The cryptocurrency’s journey, if the anticipated breakout materializes, could propel it to attain price levels ranging between $3,100 and $3,600.
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In summary, Michaël van de Poppe’s insights shed light on his positive outlook for Ethereum, with a keen eye on strategic entry points and ambitious targets should the anticipated rally unfold.
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