Prominent crypto analyst Michaël van de Poppe recently highlighted his optimistic forecasts for two altcoins: Sui Network (SUI) and Bittensor (TAO). He anticipates these digital currencies could soon achieve new all-time highs, signaling potential investment opportunities.
What are SUI’s Expected Price Points?
Van de Poppe shared insights via social media, suggesting that SUI might be a compelling buy between $1.30 and $1.60. His analysis indicates that after a correction, SUI is poised to reach new peaks.
What Does the Future Hold for Bittensor?
As for TAO, Van de Poppe predicts that it will also ascend to unprecedented levels. He believes that TAO will stabilize around the $500 mark before breaking through the critical level of $620.
Investors should take note of 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.
In his broader outlook, Van de Poppe is also monitoring other assets like ETH and LINK, emphasizing the necessity for investors to engage in thorough research before making decisions.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Source: https://en.bitcoinhaber.net/will-sui-and-tao-reach-new-highs