Ethereum

NEAR Protocol

Cryptocurrency

Bitcoin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/analyst-predicts-significant-potential-for-near-protocol-and-bitcoin/" data-wpel-link="internal">Analyst Predicts Significant Potential for NEAR Protocol and Bitcoin</a><br></p>
<p style="text-align: justify">Cryptocurrency analyst Michaël van de Poppe forecasts a substantial rise in NEAR Protocol’s value, predicting a potential increase of over 275% within the next six months. NEAR, currently trading at $4, is projected to find support between $2.75 and $3.40, with the possibility of reaching $15 if these levels hold. The analyst’s insights offer valuable guidance for investors navigating the volatile <a href="https://en.coin-turk.com/wendyo-warns-bitcoin-investors-about-japanese-yen-strengthening/" data-wpel-link="internal">crypto</a> markets.</p> 
<h2 id="expectations-for-bitcoin">Expectations for Bitcoin</h2> 
<p style="text-align: justify">Van de Poppe also expresses optimism regarding Bitcoin’s trajectory, suggesting it could soon reclaim the $60,000 mark. Bitcoin has broken through the $56,000 downtrend and is expected to test this level before potentially rising to the $60,000-61,000 range. At the time of writing, Bitcoin is trading above $57,390.</p> 
<h2 id="developments-in-the-altcoin-market">Developments in the Altcoin Market</h2> 
<p style="text-align: justify">The analyst indicates that the correction in the <a href="https://en.coin-turk.com/upbit-schedules-critical-maintenance-on-august-19/" data-wpel-link="internal">crypto market</a> is ending, with many altcoins poised to gain value against Bitcoin. He observes that altcoins have reached bottom levels, and technical signals show improvement. Nonetheless, he cautions that the ETH/BTC pair might undergo a deeper correction before any potential upswing.</p> 
<p style="text-align: justify">ETH is currently trading against BTC at 0.04081 BTC ($2,361) and has lost over 1% in the past 24 hours. Van de Poppe warns that if Bitcoin reaches the $60,000-61,000 levels, Ethereum may experience further decline.</p> 
<p style="text-align: justify">Michaël van de Poppe’s analyses provide critical insights into potential movements in <a href="https://en.coin-turk.com/crypto-whale-movements-ripple-decentraland-and-injective/" data-wpel-link="internal">cryptocurrency</a> markets, highlighting the importance for investors to conduct their own research and make informed decisions.</p> 
<p>The post <a href="https://en.coin-turk.com/analyst-predicts-significant-potential-for-near-protocol-and-bitcoin/" data-wpel-link="internal">Analyst Predicts Significant Potential for NEAR Protocol and Bitcoin</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.</p>

Analyst Predicts Significant Potential for NEAR Protocol and Bitcoin

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