​Which coins can show growth in the near future. 6 assets from analyst Van de Pope

The material is not an investment recommendation and is published for information purposes only.

What’s new? Cryptocurrency analyst Michaël van de Poppe expects the bitcoin rate to rise to the $38 000 to $40 000 range. In the long term, in his opinion, the first cryptocurrency may resume its uptrend if it reaches the $29 800 mark. He assessed the situation in the altcoin market as positive, noting that the assets will either consolidate in a narrow price range or begin to rally with BTC. On his Twitter, Van de Poppe said that the five altcoins could add between 65% and 195%.

#Chainlink to $18-22#Avalanche to $55-65#Litecoin to $220-260#Ethereum to $2,700-3,000#Bitcoin to $38,000-42,000#Cosmos to $25-35And then we'll correct. — Michaël van de Poppe (@CryptoMichNL) April 16, 2023

Analyst’s prediction. The trader assumes that the Ethereum rate will grow from the current $2106 (Binance’s data as of April 18, 09:40 UTC) to $2700-$3000. Earlier, analysts at the Coinbase crypto exchange also predicted a strong price movement of the asset until the end of April. In this, coins worth more than $1,2 billion have been unlocked since the release of the Shapella upgrade, which allowed ETH to be unstaked, according to TokenUnlocks. However, according to Glassnode analysts, gaining user access to previously blocked coins will not increase selling pressure or lead to a decline in the asset’s rate.

Van de Poppe also admits that the Litecoin (LTC) rate will rise from $102,46 to $220-$260. The asset has added 3,39% over the past 24 hours and 9,1% over the week, according to aggregator CoinGecko.

According to the expert’s prediction, the native token of the Avalanche (AVAX) blockchain could rise to $55-$65, the cryptocurrency of the decentralized oracle network Chainlink (LINK) to $18-$22, and the coin of the Cosmos (ATOM) blockchain to $25-$35.

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AVAX is trading at 21,29 (+2,9%), LINK is trading at $8,43 (+3,6%), and ATOM is trading at $12,63 (-0,34%).

Earlier this month, Van de Poppe predicted BTC would rise to $40 000-$50 000 in the coming months. He pointed out that the overall capitalization of the crypto market is above the 200-week exponential moving average (EMA) and the 200-week moving average (MA).