Ethereum, AvalanchePolkadot and Curve Preparing for Breakouts According to Analyst Michaël van de Poppe

Top crypto analyst Michaël van de Poppe says that the leading smart contract platform Ethereum (ETH)two rivals, and an additional altcoin appear poised to trigger breakout rallies.
This is what Van de Poppe tells his 166,000 YouTube subscribers in a new strategy session Ethereum is currently testing the strength of its immediate resistance around $1,700.

Should ETH bulls den Resistance off, Van de Poppe sees Ethereum rally over 46% from current prices.

“The fun part starts with Ethereum when it breaks that high… If we stay above $1,660 if we hold the high and retest and break the high at $1,780 I think taking out all those highs ($2,000) is fairly accepted. And then we go to the upside of that range and then I see $2,400.”
Source: Van de Poppe/YouTube
At the time of writing, Ethereum is valued at $1,640.

Another altcoin on the list of traders is Smart Contract Protocol Avalanche (AVAX). According to Van de Poppe, AVAX is one resistance away from a massive 79% surge.

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“We retest the range high ($26). If we break it, it’s the same as with Ethereum. We’re looking at range highs here, or previous highs, which will ultimately lead to an acceleration, and then we might even see a run all the way to $42.”
Source: Van de Poppe/YouTube
At the time of writing, AVAX is changing hands for $23.41.

Next comes the interoperabilityBlockchain Polka dot (DOT). Van de Poppe says that while DOT can maintain its bullish momentum in the short-term, he believes other altcoins offer better risk-to-reward trade-offs.

“Maybe it will accelerate pretty quickly here. I think a retest at $9 is probably next then. Something difficult. I think there are better trading opportunities than DOT.”
Source: Van de Poppe/YouTube
DOT is currently trading at $8.17.

The last altcoin on the analyst’s radar is CRVthe governance token of the stablecoin-focused decentralized exchange Curve Finance.

“If we want a sequel here, we probably want to test the previous high, which means that if we do get a correction have … I’ll look at $1.33 for the test and then get a continuation towards $2.”
Source: Van de Poppe/YouTube
At the time of writing, CRV is trading hands for $1.33.

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