A widely respected cryptocurrency analyst updated his outlook for the top two digital assets by market capitalization, saying one little-known altcoin could be launching soon.
In a new strategy session, cryptocurrency trader Michaël van de Poppe told his 763,900 followers on social media platform
“It’s a bounce back for CPOOL. 70% at the lowest point. I think it has new legs upwards. CoinMarketCap’s 2024-2025 yearbook has also classified it as the ‘Most Innovative Real Asset (RWA) (Protocol)’ and we expect RWA to be a big pillar in the coming years.”
Trader charts show CPOOL rising near the $0.40 price tag during May. Early this morning, the asset was trading at $0.342. However, at the time of writing, it is worth $0.427, up 15.8% in the last 24 hours.
Moving on to Ethereum (ETH), traders said they expect the leading smart contract platform to test the $4,000 price area this quarter.
“Ethereum has taken all the liquidity below the lows and is rising again. If it holds above $3,000 we will assume we have seen a bottom and test the $4,000 area during this quarter.”
Concluding his analysis of Bitcoin (BTC), Van de Poppe said he expects the cryptocurrency king’s level of dominance to decline as altcoins continue to surge.
“Bitcoin started the week correcting at $88,500 before consolidating towards $100,000. good time. Altcoins have seen strong gains and we expect this trend to continue in the coming weeks. “Bitcoin dominance will decline”
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