Top Altcoin Analyst Bullish on STX, Bitcoin and Ethereum Price Predictions
STX Positioned for Bullish Movement
Cryptocurrency analyst Michaël van de Poppe anticipates a potential 109% surge in the price of Stacks (STX), a top-50 altcoin. Following a lengthy consolidation phase, he suggests that STX could break above $2.20 and reach a new all-time high. The current price of STX stands at $1.85, offering substantial growth potential from its previous peak of $3.86.
Bitcoin Price Projection
Van de Poppe predicts a price range of $100,000 to $120,000 for Bitcoin within the next one to two months. This surge in value could herald the onset of an altcoin season, mirroring previous market cycles.
Ethereum/BTC Pair Analysis
Van de Poppe highlights the Ethereum/Bitcoin (ETH/BTC) pair, noting a potential bottoming-out phase in the next month. With Ethereum failing to breach a critical resistance level, support could be established at 0.03 BTC in December before a reversal in trend. Ethereum is currently trading at 0.03302 BTC ($3,094).
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