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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 .
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
From $100 to $1M: Bitcoin & XRP Early Investors Are Betting Big on These Coins!
Why THE OFFICIALMAGACOIN Is the Ultimate Crypto Investment THE OFFICIALMAGACOIN has taken the cryptocurrency market by storm, outperforming giants like Bitcoin (BTC) and Ripple (XRP). It raised $1.5 million within minutes of its presale launch, securing its position as the most promising token of 2025. While competitors are gaining traction, none come close to the explosive momentum or investor demand driving THE OFFICIALMAGACOIN. Could a $100 investment in this revolutionary token truly grow into $1 million? Here’s why experts and investors believe it can. Why THE OFFICIALMAGACOIN Dominates the Market 1. Record-Breaking Presale Performance Raising over $1.5 million in minutes demonstrates the exceptional confidence investors have in THE OFFICIALMAGACOIN. This achievement places it leagues ahead of ARB, ADA, INJ, and KAS, which lack comparable early-stage success. 2. Limited Supply with Maximum Value Potential With a capped supply of 100 billion tokens, THE OFFICIALMAGACOIN leverages scarcity to drive value. Its deflationary tokenomics gives early investors a significant advantage, making it a standout compared to ADA’s gradual growth or KAS’s slower adoption. 3. Exclusive Access Drives Urgency THE OFFICIALMAGACOIN is exclusively sold at OFFICIALMAGACOIN.COM . This exclusivity ensures a controlled rollout and higher value for investors, setting it apart from more saturated markets. How It Outperforms Key Competitors Arbitrum (ARB): A strong Layer-2 contender but overshadowed by THE OFFICIALMAGACOIN’s overwhelming demand. Cardano (ADA): Reliable but unable to match the rapid adoption of this market leader. Injective Protocol (INJ): A strong player in DeFi yet no match for the presale performance of THE OFFICIALMAGACOIN. Take the Lead with THE OFFICIALMAGACOIN Proven as the standout crypto of 2025, THE OFFICIALMAGACOIN is your ultimate opportunity to multiply your portfolio. With its record-breaking presale, limited supply, and exclusive availability, now is the time to take action and secure your position in this revolutionary token. Secure your tokens EXCLUSIVELY at OFFICIALMAGACOIN.COM Website: officialmagacoin.com X/Twitter: https://x.com/officialMAGAx Continue Reading: From $100 to $1M: Bitcoin & XRP Early Investors Are Betting Big on These Coins! The Daily Hodl
According to Surprise Metrics, Bitcoin’s Decline Was Known Days Ago, So When Will BTC Price Recover?
Cryptocurrency analytics firm Alphractal has detected a local top in Bitcoin price, citing multiple on-chain indicators that signaled weakness prior to the recent drop. In a new report titled “4 Metrics That Indicate Bitcoin’s Local Top,” Alphractal outlined key factors that suggest Bitcoin has reached a near-term top, with signals pointing to December 16, 2024, as a pivotal moment. Related News: Are Altcoin Spot ETFs Coming, Including Solana (SOL) and Litecoin (LTC)? Bloomberg Analysts Comment According to the analytics firm, the metrics that predicted the Bitcoin price drop were: 2Y SMA Multiplier – Based on Bitcoin’s two-year moving average, this metric has historically tracked price cycles. According to Alphractal, Bitcoin has been showing weaker growth over time, and a trendline resistance emerged in mid-December that signaled a local top. MVRV Z-Score – A measure of realized value relative to market cap, this indicator helps identify overbought and oversold conditions. Alphractal noted that Bitcoin is encountering resistance at a key trend line that lines up with past local highs. Reserve Risk Indicators – Metrics such as VOCDD, MVOCDD, and Reserve Risk evaluate long-term holder behavior. The MVOCDD Signal in particular acted as a classic local top warning, indicating that seasoned investors were beginning to reduce exposure. On-Chain CapFlow Sentiment Index – This metric combines realized capitalization and momentum indicators to track the strength of coin flows. A weakening trend has been detected, suggesting that experienced holders are offloading coins. Related News: Are Altcoin Spot ETFs Coming, Including Solana (SOL) and Litecoin (LTC)? Bloomberg Analysts Comment Despite these bearish signals, Alphractal explained that Bitcoin could recover in the next three months. However, for now, the market remains at a decisive moment with high volatility ahead. *This is not investment advice. Continue Reading: According to Surprise Metrics, Bitcoin’s Decline Was Known Days Ago, So When Will BTC Price Recover? The Daily Hodl
