Ethereum and Altcoins on the Cusp of a Trend Shift

Crypto analyst Michaël van de Poppe believes that Ethereum (ETH) is poised for a major reversal.

Ethereum’s Pivotal Moment

Van de Poppe predicts that the SEC’s decision on spot ETH ETFs will be a “big moment” for the cryptocurrency. If the applications are denied or delayed, he believes ETH will rally from its current price of $2,920 to $3,800.

AIOZ’s Bullish Momentum

The analyst also highlights AIOZ, a layer-1 crypto project, as a promising investment. He expects AIOZ to maintain its bullish trend as long as it remains above $0.65. If this level holds, he predicts a rally to $1.35-1.45.

Arbitrum’s Bottom Formation

Van de Poppe believes that Arbitrum (ARB), an Ethereum scaling solution, is nearing a bottom. He predicts that ARB will bottom out around $0.90 before reversing.

Verasity’s Downtrend

The analyst warns that Verasity (VRA) is in a full-blown downtrend. However, he expects support at $0.004, where the token has held in the past.