Trader Michaël van de Poppe Says Ethereum-Based Altcoin Primed To Do Well in Coming Months, Updates Outlook on Bitcoin and Sui
A widely followed crypto analyst says that one Ethereum (ETH)-based altcoin looks ready to skyrocket in the coming months while updating his outlook on Bitcoin (BTC) and Sui (SUI). In a new strategy session, crypto trader Michaël van de Poppe tells his 789,600 followers on the social media platform X that it appears as if the layer-2 scaling solution Arbitrum (ARB) is primed to rise over the next 1-2 months. “The bullish divergence on ARB remains to be valid as it starts to make higher lows and higher highs. One to watch, and as we have this higher timeframe bullish divergence, it’s a good indicator that this one will do well in the coming 1-2 months.” Source: Michaël van de Poppe/X ARB is trading for $0.411 at time of writing, a 1.8% increase on the day. Moving on to the crypto king, the analyst says that he ultimately believes BTC will slowly grind upwards to a new all-time high (ATH). However, he notes that if it were to lose support at $10...