Renowned cryptocurrency analyst Mikael van de Poppe spoke about the near-term prospects of the top three assets
According to him, maybe, what for the Cardano smart contract platform (ADA) bullish divergence is forming. Previous March ADA high may turn into asset support line, and the relative strength index (RSI) will be completely renewed. The analyst has identified a critical course level, which constitutes $2,23. This is what the ADA must overcome to start a new sustainable rally.. ADA is currently trading slightly lower $2.
Watching the recent growth of the leading smart contract platform Ethereum (ETH), Van de Poppe warned that, that soon ETH may undergo a corrective movement:
“At this stage, I would take a break from trading. Better to consider the potential for scaling on lower timeframes and just wait it out, and you can also pay attention to other promising altcoins "
Regarding BTC, the analyst expressed the following opinion:
“Bitcoin Stuck Above A Critical Range $56 000 – $59 000. We didn't get very far from him, but I think it's important to keep support at these levels. "
Additionally, van de Poppe identified more important levels for BTC:
“An important level is the area around $61 500. If you can hold on, then we can hope for a hike up. Otherwise, I do not rule out re-testing the bitcoin level $58 000»