Investor's Crypto DailyInvestor's Crypto Daily
Font ResizerAa
  • Home
  • Headlines
    • Financial Market News
    • Cryptocurrency News
    • Press Releases
    • My Bookmarks
  • Spotlight Stories
  • Crypto Stock Plays
    • Crypto ETFs, Trusts & Investment Funds
    • Crypto Adjacent Stocks
    • Crypto Futures (Settled in USD)
  • Step Into Crypto
    • Common Crypto Terms
    • Crypto Rules & Regulations
  • Economy
    • Economic News
    • Economic Calendar
  • Join Us
Reading: The Trader Updates the Forecast for ETH and Op
Share
Font ResizerAa
Investor's Crypto DailyInvestor's Crypto Daily
  • Home
  • Headlines
  • Spotlight Stories
  • Crypto Stock Plays
  • Step Into Crypto
  • Economy
  • Join Us
Search
  • Home
  • Headlines
    • Financial Market News
    • Cryptocurrency News
    • Press Releases
    • My Bookmarks
  • Spotlight Stories
  • Crypto Stock Plays
    • Crypto ETFs, Trusts & Investment Funds
    • Crypto Adjacent Stocks
    • Crypto Futures (Settled in USD)
  • Step Into Crypto
    • Common Crypto Terms
    • Crypto Rules & Regulations
  • Economy
    • Economic News
    • Economic Calendar
  • Join Us
Follow US
  • Advertise
© 2024 Investor's Crypto Daily. All Rights Reserved.
Investor's Crypto Daily > Blog > Headlines > Cryptocurrency News > The Trader Updates the Forecast for ETH and Op
Cryptocurrency News

The Trader Updates the Forecast for ETH and Op

Last updated: October 28, 2024 1:21 am
By Ronald Dupree 2 Min Read
Share
SHARE

Crypto strategists are predicting a major market reversal based on a decentralized Ethereum oracle.

Michael van de Poppe, an analyst at X Social Media Platform tells 733.600 of his followers that he is bullish about Chainlink (LINK).

Van de Poppe believes that LINK will lose its immediate resistance if it experiences another upward move.


“Another test at $13 will be the trigger for $18.”

Source: Michael van de Poppe/X

LINK currently trades for $10.96.

Van de Poppe, who has analyzed Ethereum, shares a chart that suggests ETH could rise above $3300 if the currency manages to break through a critical resistance level.


The ETH price has risen and the macroeconomic week is now kicking in.


Is it going to retest $2000 or continue on its upward trajectory?


“Testing $2,750 once again = Breakout”

Source: Michael van de Poppe/X

Ethereum was worth $2.479.

The native asset for the layer-2-solution Optimism is on traders’ radars. Van de Poppe believes that OP has one more resistance level before it sees a major surge to the top.


The OP has done well, but is consolidating.


“Party time” if you spend more than $1.75

Source: Michael van de Poppe/X

OP currently trades for $1.56.

Join us at X@InvCryptoDaily to never miss a beat.



Sources of Images include Pixabay Creative Commons & Midjourney

The ICD published the post Trader Seens Breakout Coming for Ethereum-Based Altcoins in Next Two weeks, Updates Forecasts on ETH and OP.

Click here to read more

You May Also Like:

  • Oracle Stock Price Forecast: Prepare for a Brief Retreat
  • Chainlink (LINK) approaches crucial breakout as…
  • Chainlink's LINK to surge in popularity as banks tap…

You Might Also Like

What Q1 2026 Earnings From Top Crypto Companies Tell Us About the Industry

Apple customers will receive $19,800,000.00 in settlement with US regulator and Trillion Dollar Bank

80% of arbitrum holders (ARBs) are at a disadvantage due to the weak market sentiment

Fidelity pays up to $5,000 for each person affected by a data breach that affected 155,000 people

Uganda Opposition pushes decentralized messaging as election nears

Share This Article
Facebook Twitter Email Copy Link Print
Previous Article What does it mean for Canada’s economy if Canada cuts immigration by 20 percent?
Next Article PBOC expands monetary toolkit by introducing outright reverse repo
Leave a comment

Click here to cancel reply.

Please Login to Comment.

Stay Connected

TwitterFollow
- Partnered Content -
Ad image

Latest News

Dow, S&P 500 hit record highs as Nvidia rally offsets oil surge
Financial Market News
Institutional Investors Sell $1,670,000,000 in Bitcoin and Crypto Assets in Third Straight Week of Outflows: CoinShares
Cryptocurrency News
India raises section 301 concerns as US trade talks resume
Economic News
Eurozone bond yields rise as investors weigh US-Iran deal prospects
Economic News
//

We support the traditional finance investor’s journey into the cryptocurrency space, using education and traditional terms. Get involved in crypto directly or through adjacent stocks and funds. Time to get off the sidelines.

– Sponsored Spotlight –

Get Around

  • Home
  • Headline News
  • Spotlight Stories
    New
  • Economy
  • Step Into Crypto

Get Involved

  • Advertise With Us
  • Join Us
    Hot
  • My Bookmarks
  • Privacy Policy & Legal Disclaimer
  • Contact US
2024 Investor's Crypto Daily | InvestorsCryptoDaily.com | Privacy
Welcome Back!

Sign in to your account

Lost your password?