A widely followed crypto analyst says an under-the-radar altcoin is poised to break out while updating his outlook on the top two digital assets by market cap.
In a new strategy session, crypto trader Michaël van de Poppe told his 763,900 followers on social media platform at the dawn of a new upward trend.
“What a rebound on CPOOL. 70% of the lowest. I think it’s another step up. They were also ranked as the “Most Innovative Real World Asset (RWA) (Protocol)” in CoinMarketCap’s 2024-2025 Yearbook and I expect RWA to be an important pillar in the years to come. come.»
The trader’s chart appears to show that CPOOL reached a price near $0.40 during the month of May. Earlier this morning, the asset was trading at $0.342. However, at the time of writing, it is valued at $0.427, up 15.8% in the last 24 hours.
Moving to Ethereum (ETH), the trader says he expects the leading smart contract platform to test the $4,000 price zone this quarter.
“Ethereum took all the liquidity below the lows and moved back up. If this is to hold above $3,000, then I assume we have seen the bottom and will test the $4,000 zone this quarter.
Concluding his analysis of Bitcoin (BTC), Van de Poppe says he expects the crypto king’s dominance levels to decline as altcoins continue to rise.
“Bitcoin consolidates at $100,000 while starting the week with a correction to $88,500. Good times. Altcoins have seen a strong rally and I expect this to continue in the coming weeks. Bitcoin dominance will fall.
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