Ethereum

Bitcoin

April

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/ethereum-poised-for-substantial-surge-predicts-crypto-expert-michael-van-de-poppe" rel="noopener noreferrer nofollow">Ethereum Poised for Substantial Surge, Predicts Crypto Expert Michael van de Poppe</a><br></p>
<p style="text-align: justify">Michael van de Poppe, a recognized crypto analyst, has forecasted a substantial surge in the value of Ethereum (ETH), suggesting it could soar up to $4,000, marking over a 70% increase from its present valuation. His prediction is based on three key factors likely to propel the growth of the second-largest cryptocurrency by market capitalization.</p>
<h2 id="ethereum-s-potential-leap">Ethereum’s Potential Leap</h2>
<p style="text-align: justify">Van de Poppe points to the upcoming Dencun update for Ethereum as a major catalyst for the price increase. This update is set to reduce transaction fees for Layer 2 projects and enhance the network’s scalability. Additionally, the anticipation of a U.S. spot exchange-traded fund (ETF) for Ethereum and profit flow from <a href="https://en.bitcoinhaber.net/bitcoin-at-a-critical-juncture-analyst-ali-martinez-sheds-light-on-fibonacci-levels" rel="noopener noreferrer nofollow">Bitcoin</a> (BTC) to ETH following Bitcoin’s block reward halving in April are also seen as positive drivers for Ethereum’s price.</p>
<p style="text-align: justify">The expert’s analysis, as seen on the price chart shared on his social media, depicts Ethereum’s positive trend formation, consistently achieving higher lows and potentially turning the crucial $2,336 level into solid support.</p>
<h2 id="bitcoin-s-expected-trajectory">Bitcoin’s Expected Trajectory</h2>
<p style="text-align: justify">Moreover, van de Poppe projects that Bitcoin will ascend to approximately $51,000 before its block reward halving, after which he anticipates a drop below $40,000. His analysis suggests that Bitcoin is currently consolidating and pre-halving excitement is likely to induce a price spike towards his target levels.</p>
<p style="text-align: justify">Both Ethereum and Bitcoin’s anticipated movements reflect the dynamic nature of cryptocurrency markets, with investors and traders keeping a close eye on indicators that might signal major price movements.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/ethereum-poised-for-substantial-surge-predicts-crypto-expert-michael-van-de-poppe" rel="noopener noreferrer nofollow">Ethereum Poised for Substantial Surge, Predicts Crypto Expert Michael van de Poppe</a></h5>

Ethereum Poised for Substantial Surge, Predicts Crypto Expert Michael van de Poppe

Mục lục

BH NEWS

Các bài viết khác được xuất bản trên 3 thg 2, 2024

Solana Price Prediction As Rising Tide of New Addresses Hints Rally Beyond $120

Grok AI real-time scan: 3 cryptocurrencies trending on X right now

How to use stablecoins for everyday transactions

This Altcoin Has A Massive Transfer From Developer-Linked Wallets To Binance

Massive SAND Token Shift to Binance Triggers Market Watchfulness

Zipmex to shut down operations in Thailand immediately

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!