Bitcoin

Momentum

Chainlink

Gains

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/analyst-foresees-significant-altcoin-surge-and-potential-high-for-chainlink-rival" rel="noopener noreferrer nofollow">Analyst Foresees Significant Altcoin Surge and Potential High for Chainlink Rival</a><br></p>
<p style="text-align: justify">A renowned crypto analyst, Michael van de Poppe, projects a considerable surge for altcoins, suggesting that they could see a value doubling in the next few months. Van de Poppe’s analysis, based on the TOTAL3 chart which excludes <a href="https://en.bitcoinhaber.net/bitcoins-precarious-path-echoes-of-2019s-crash-loom" rel="noopener noreferrer nofollow">Bitcoin</a> and Ethereum, signals a prospective market valuation of around $450 billion, hinting at an impending uptick.</p>
<h2 id="altcoins-poised-for-remarkable-growth">Altcoins Poised for Remarkable Growth</h2>
<p style="text-align: justify">The crypto expert believes that the altcoin market is setting up for a significant upward movement. He has identified key price levels that have established a higher bottom, laying the foundation for the next bullish phase. Van de Poppe’s predictions are not limited to altcoins; he also forecasts that Bitcoin will climb to the $48,000-$50,000 range before the next halving event, only to experience a correction that could drop its value to between $36,000 and $38,000. This correction, he suggests, will lay the groundwork for altcoins to further gain against Bitcoin.</p>
<h2 id="chainlink-challenger-gains-momentum">Chainlink Challenger Gains Momentum</h2>
<p style="text-align: justify">The analysis extends to API3, a decentralized oracle network that stands as a competitor to Chainlink. Van de Poppe’s examination shows API3 on an upward trajectory, potentially reaching $4.60 to $4.80 if it maintains support above $2.50. His commentary follows recent movements by similar platforms such as PYTH and LINK, highlighting a growing trend in the oracle space. Van de Poppe emphasizes the importance of these oracles and their impact on the broader cryptocurrency market.</p>
<p style="text-align: justify">At the time of the publication, Bitcoin was valued at $42,686, yet it’s the potential of altcoins and emerging players like API3 that are capturing the analyst’s attention. Investors and crypto enthusiasts alike are keeping a keen eye on these predictions as the market prepares for its next significant shift.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/analyst-foresees-significant-altcoin-surge-and-potential-high-for-chainlink-rival" rel="noopener noreferrer nofollow">Analyst Foresees Significant Altcoin Surge and Potential High for Chainlink Rival</a></h5>

Analyst Foresees Significant Altcoin Surge and Potential High for Chainlink Rival

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