Michael van de Poppe, a cryptocurrency analyst and trader, is bullish about the native tokens of Solana’s (SOL), while also updating his view on Bitcoin (BTC).
Van de Poppe informs his 784.200 followers via the social media platform X, that the native token for the smart contract platform Sui appears bullish now after breaking through a “crucial support zone.”
Sui, according to widely-followed analyst and trader, could rise by 74% in the next few months.
The SUI is expected to reach a record high during the next quarter.
Sui’s price is $3.08 as of this writing. This represents a 43% drop from its all-time peak of $5.35 in January.
Van de Poppe, a widely respected analyst, suggests that Sui could rise to $3.20 in the near term and then drop to below $3.00 before continuing its upward trend.
The widely-followed analyst, when referring to Bitcoin, says the cryptocurrency king will likely undergo a short-term correction following a 27% rally from its 2025 lows, reached at the beginning of this month.
Van de Poppe says that Bitcoin is facing a “crucial level of resistance” at $96,000 and any pullback could be an opportunity to accumulate after the “massive break out.”
Bitcoin has a current value of $92,853 as at the time this article was written.
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Sources of Images include Pixabay Creative Commons & Midjourney
This post Solana Rival to Hit All-Time Highs in the Coming Months: Trader Outlines Bitcoin’s Future appeared first on ICD.
