Bitcoin, Ethereum, Litecoin New Price Targets Are Revealed

The interesting predictions about the most important digital assets in the crypto market are out. Check out the latest reports below.

A popular analyst believes that the crypto markets at large have more room to run to the upside before witnessing a significant retracement.

Analyst Michaël van de Poppe just said recently that he has his eye on various crypto assets including crypto king Bitcoin (BTC), leading altcoin Ethereum (ETH) and peer-to-peer payments network Litecoin (LTC).

As the online pubcalition the Daily Hodl notes, he sees Bitcoin hitting the $38,000 to $42,000 price level before correcting. As for Ethereum, the trader believes it can go up between $2,700 and $3,000, while Litecoin could ascend to as high as $260.

At the time of writing, Bitcoin is worth $29,759. Meanwhile, Ethereum is worth $2,105, and Litecoin is trading at $99.15.

Former Goldman Sachs executive Raoul Pal says that there’s one big overlooked opportunity in the Ethereum (ETH) ecosystem.

He posted on Twitter the fact that CryptoPunks, one of the biggest non-fungible token (NFT) projects in existence, are starting to look appealing.

The Real Vision founder shares the floor price chart of CryptoPunks depicting declining prices, which he says could be an opportunity for bulls.

“Punks are starting to get very interesting… They have held up in dollar terms at around $100,000 but in ETH. The tax season plus Blur farming has led to near-distressed prices.

As ETH rises over time, excess gains get recycled into trophy assets, with a lag. Same as traditional art when stock markets have been strong.”

He continued and said the following:

“Low prices seem to be an opportunity if you think crypto rises a lot over the next few years, which I believe.”

Stay tuned for more news and make sure to keep your eyes on the market.