Crypto Analyst Predicted Rallies for Ethereum Rival Fantom

It has been just revealed that there are all kinds of interesting predictions about the prices of digital assets. Check out the latest reports about this below.

A popular crypto strategist believes that Fantom (FTM), a competitor of Ethereum (ETH), is poised for a major upward trend. Analyst Michaël van de Poppe has informed his 659,600 Twitter followers that as long as Fantom is trading above $0.30, it appears to be in a bullish state.

Van de Poppe predicts that FTM’s significant surge will take place once it surpasses its immediate hurdle at $0.33.

“This one looks primed for continuation upwards. Many stops on shorts are ready to be taken, through which holding above $0.30 can lead to a continuation towards $0.40.”

At time of writing, FTM is trading for $0.304.

The next cryptocurrency on the list is Fetch.ai (FET), a decentralized machine-learning network.

According to Van de Poppe, it is wise to wait for FET to surpass its resistance level at $0.25 before considering investing in the altcoin. If not, it would be best to wait for FET to reach lower levels before making any moves.

“Flipping and breaking $0.25 is crucial and then I’m interested for longs towards the highs.

Otherwise, the trend continues and then I’m looking at $0.14 or reclaim $0.17.”

As noted by the online pubcalition the Daily Hodl, another altcoin on the trader’s list is the Ethereum-scaling solution Arbitrum (ARB). According to Van de Poppe, ARB will likely enter bullish territory should it break above $1.30.

“This is super simple.

If we break $1.30, you need to be long ARB.”

A popular crypto analyst suggests that Bitcoin (BTC) could experience significant upward movements if its current setup mimics its market structure from November 2020.

The analyst, known as TechDev, shares with his 413,000 Twitter followers that BTC seems to be following a similar price action as last year, although it’s uncertain if it will repeat the same pattern.