Ethereum-Based Altcoin Is Ready To Explode

It’s just been revealed that an ETH-based altcoin is ready to explode in price. Check out the latest reports about the important altcoin below.

An analyst closely followed in the crypto space says that one altcoin operating on the Ethereum (ETH) blockchain is ready to run, and has updates on three other digital assets.

Michaël van de Poppe says that Ethereum scaling solution Polygon (MATIC) is likely presenting an opportunity for a 60% gain if it provides the right entry at around $1.

“This looks ready to break upwards significantly.

Would be interested in buying around $1 for a retest, and then it could run towards $1.60 quite easily.”

The analyst also has his eyes on Ethereum competitor Avalanche (AVAX). He said that AVAX bulls may want to wait for about a drop to a demand level near $17.50 before going long on the smart contract protocol.

“Same point here. We could be looking at a case of continuation, but you’d definitely don’t want to chase the trade. Entries around $17.50 are doable.”

We should also address some Bitcoin price predicitons as well.

At the moment of writing this article, BTC is trading in the green, and the king coin is priced at $23,322.

According to the latest reports, the popular crypto analyst Benjamin Cowen says that the historical price movement of Bitcoin (BTC) suggests that the top crypto asset will likely have a long year in 2023.

In a new video, Cowen said recently that in the past cycles, Bitcoin traded in a wide range following a bear market.

“I want to remind people that, and this is my own experience, I’ve said this many times: the year after the bear market year is often a sideways year. So far, that’s not been the case. It’s mainly just been up.”