Popular Dutch cryptocurrency analyst Michael van de Poppe recently posted on his Twitter account, which has more than 615,000 followers, some predictions regarding the two largest cryptocurrencies of the moment, Bitcoin (BTC) and Ethereum (ETH), while also looking at the popular altcoin Fantom (FTM).
The analyst started his speech by stating that he is optimistic about the three cryptocurrencies, and he expects them to rise in the next two months. He tweeted the following:
Summer relief time.
— Michaël van de Poppe (@CryptoMichNL) July 8, 2022
While watching the Bitcoin price, Van de Poppe said the king’s coin might be testing support again at USD 20,500 before removing resistance near USD 22,000 and rallying towards its target of USD 28,000.
As for the Ethereum price, the crypto strategist believes the leading smart contract platform is bidding its time to rally towards its $1,500 target.
The next to be covered by Van de Poppe is the Ethereum challenger Fantom (FTM), which the analyst says will see a slight pullback before the price rises further.