Van de Poppe Predicts Timeline for Altcoins Like Wormhole, XRP, Cardano to Ignite BIG Price Run
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- Michael Van de Poppe says altcoins are close to trend reversals.
- A breakout above key moving averages may occur within 4 to 6 weeks.
- Technical indicators for Wormhole show a bullish divergence and potential for a rally.
Crypto analyst Michael Van de Poppe says altcoins are nearing a crucial moment that could define their next market cycle. In a post on X, Van de Poppe urged traders to position for long exposure once altcoins start breaking their long-term trends.
Van de Poppe noted that most tokens have yet to reclaim key moving averages, which remain an important signal for trend reversals. According to his outlook, this shift is likely to occur within the next four to six weeks, potentially setting the stage for a strong rally across the altcoin market.
Among the leading altcoins expected to break new all-time highs this year are XRP, Cardano, and Dogecoin, which are still trading below their previous cycle peaks.
Chart Shows Key Technical Signals
The chart shared by the analyst featured Wormhole (W) trading near $0.075 against USDT on Binance. The weekly chart displayed a falling wedge pattern, a technical setup often associated with market revers…
The post Van de Poppe Predicts Timeline for Altcoins Like Wormhole, XRP, Cardano to Ignite BIG Price Run appeared first on Coin Edition.
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