Ethereum Set for a Surge? Top Analyst Spots Bullish Signal—Big Moves Ahead!

Author: Mustafa Mulla

Mustafa Mulla

Author

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Sep 9, 2024 17:54

Renowned crypto analyst Michael van de Poppe is optimistic about Ethereum’s future, noting a strong bullish divergence on the ETH 12-hour ETH/BTC chart. According to Poppe, Ethereum has recently made a higher low, signaling a potential end to the downtrend seen over the past months. This could lead to a significant upward push for the entire crypto market. As of now, Ethereum is trading at $2,309, marking a 0.62% increase in the last 24 hours. With a market cap of $277 billion.