A popular crypto analyst predicts that an Ethereum-based altcoin is set to surge in the upcoming months, along with sharing insights on Bitcoin and Sui.
During a recent strategy session, crypto trader Michaël van de Poppe informed his 789,600 followers on X that Arbitrum (ARB), a layer-2 scaling solution, shows signs of potential growth in the next 1-2 months.
“The bullish divergence on ARB remains valid as it establishes higher lows and higher highs. With this higher timeframe bullish divergence, it is likely to perform well in the coming months.”
Currently, ARB is trading at $0.411, reflecting a 1.8% increase for the day.
Shifting focus to Bitcoin, the analyst believes that BTC will gradually move towards a new all-time high but warns of a potential sharp correction if it drops below $107,000.
“Bitcoin continues its upward trajectory. While new all-time highs are expected, a loss of support at $107,000 could trigger swift corrections with volatile movements.”
At present, BTC is priced at $107,249, showing a slight decrease for the day.
Concluding the analysis with Sui Network, van de Poppe notes its recovery post-FUD following a recent hack. He highlights SUI’s resilience and positive price stabilization.
“SUI is making a strong comeback after the Cetus exploit FUD. The TVL has bounced back to $1.8 billion, showcasing its strength in adoption and price stability. It continues to outperform Solana and is expected to do so in the coming months.”
Currently, SUI is trading at $3.58, showing a slight increase for the day.
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