Prominent crypto analyst Michaël van de Poppe has shared his forecasts regarding the growth of two altcoins: Sui Network (SUI) and Bittensor (TAO).
Expected Price Points for SUI
Michaël van de Poppe mentioned via social media that SUI might be an attractive purchase between $1.30 and $1.60. His analysis suggests that after a correction, SUI is poised to achieve new peaks.
Future of Bittensor
Regarding TAO, Van de Poppe predicts its rise to unprecedented levels. It is expected to stabilize around $500 before breaking through the $620 level.
Key Insights for Investors
Investors should note the following key insights from Van de Poppe's analysis:
- SUI's aggressive entry range is between $1.50 and $1.60. - The critical breakout level for TAO is at $620. - If Wormhole stays above $0.25, it may drive further upward movement. - Bitcoin needs to maintain levels above $62,000 to support its upward momentum.
Van de Poppe is also monitoring other assets like ETH and LINK, emphasizing the necessity for thorough research before making investment decisions.