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Market Impact: Trump’s Announcement of Custom Duties on Multiple Countries Next Week

Donald Trump to Announce Imposition of Customs Duties on Several Countries Next Week ————— NFA. CoinOtag

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Trader Says One Top-50 Altcoin Could Explode 500% This Year, Updates Outlook on Bitcoin and Ethereum

Analyst and trader Michaël van de Poppe is flipping bullish on one layer-1 protocol following a massive correction. Van de Poppe tells his 772,700 followers on the social media platform X that NEAR , the native cryptocurrency of Near Protocol, could surge to $20 within months, a 500% increase from its current value. “Pretty ideal spot for NEAR. It took all the liquidity beneath the lows and seems to have a strong weekly candle. If this is the liquidity sweep, then next target is $15-$20 in the next three-six months.” Source: Michaël van de Poppe/X NEAR is trading for $3.33 at time of writing, up 5.6% in the last 24 hours. Next up, the analyst says Bitcoin ( BTC ) may trade sideways until it can break through the resistance level at its all-time high of around $108,000. “Anyways, Bitcoin stuck in the range, the real inflection will occur once it breaks ATH. For now, just consolidation before the next leg up.” Source: Michaël van de Poppe/X Bitcoin is trading for $97,787 at time of writing, up 1.1% in the last 24 hours. Lastly, the analyst says that Ethereum ( ETH ) may be forming a bullish divergence on the weekly chart against Bitcoin (ETH/BTC). A bullish divergence, which suggests price will start to increase, occurs when the price of assets records lower lows while indicators, such as the Relative Strength Index (RSI), a momentum oscillator indicator, are witnessing higher lows. “Next week is going to be a massive week for ETH. If this closes in such a wick and next week ETH goes back above 0.03, the bullish divergence is valid.” ETH/BTC is trading for 0.02753 BTC ($2,692) at time of writing, down 1.82% in the last 24 hours. Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: DALLE3 The post Trader Says One Top-50 Altcoin Could Explode 500% This Year, Updates Outlook on Bitcoin and Ethereum appeared first on The Daily Hodl . CoinOtag