A popular crypto analyst, Michaël van de Poppe, shared his predictions for several cryptocurrencies. He’s particularly bullish on one Ethereum-based altcoin and offered updates on Bitcoin and Sui.
Arbitrum (ARB) Poised for Growth
Van de Poppe believes Arbitrum (ARB), a layer-2 scaling solution, is set for a price increase in the next one to two months. He cited a bullish divergence in the charts as a key indicator, suggesting higher lows and higher highs are on the horizon. ARB was trading at $0.411 at the time of this analysis, up slightly for the day.
Bitcoin (BTC): A Slow Climb to New Highs?
Regarding Bitcoin (BTC), van de Poppe anticipates a gradual rise to new all-time highs. However, he cautioned that a drop below the $107,000 support level could trigger a sharp and volatile correction. BTC was trading around $107,249 at the time of the analysis, down slightly for the day.
Sui (SUI) Recovering Well
Finally, van de Poppe commented on Sui (SUI), noting its strong recovery following a recent hack. He highlighted the rebound in its total value locked (TVL) and predicted continued outperformance against Solana in the next 12-24 months. SUI was trading at $3.58 at the time of the analysis, up slightly for the day.