Crypto analyst who is widely respected believes in one SolanaSOLThe competitor with the higher upside potential may be able to outperform it.
Crypto trader Michaël van de Poppe tells Sei, a layer-one Blockchain Sei that has 724,900 fans on social media.SEIThe value of ) could soar by more than 46 % from its current level next month.
“Altcoins are doing relatively well. SEI continues to find momentum, and I’d like to see it rally to $0.34 (preferably even above the previous high, but not expecting that yet), make a HL (higher low) and continue that rally to $0.44 in October.”
SEI was trading at $0.30 as of the time this article is written, up over 7% within 24 hours.
Following the analyst, says Bitcoin (BTCIf it converts $58,000 in support, it may be able to regain the $62,000 mark.
“Bitcoin is doing what I wanted it to be doing. Great stuff, held above the crucial area of $56,000, and currently attacking resistance. If $58,000 breaks, then I suspect we’ll be at $62,000 in basically no time.”
Bitcoin currently trades for $58,198, an increase of nearly 4% within the last 24 hour.
The trader is last but not least predicts Ethereum (ETHIf Bitcoin breaks through the $60k range, ETH/BTC will drop against Bitcoin.
“Clear invalidation is taking place on ETH for the bullish divergence as it’s on the fence of dropping sub 0.04 BTC. We’ll drop down some more if Bitcoin shows momentum to $61,000-$62,000.”
ETH/BTC currently trades at 0.04039 BTC (US$2,351), a decrease of more than 1% from the previous 24 hours.
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