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A widely followed crypto analyst says one Solana (SOL) competitor may be gearing up for a breakout. In a new thread, crypto trader Michaël van de Poppe tells his 783,000 followers on the social media platform X that Sei (SEI) may increase more than 100% its current value if it breaks through a key resistance level. “SEI starts to show momentum. The Bitcoin pair has a strong bullish divergence on the higher timeframes and the USD pair faces a crucial resistance. Breaking through $0.20 opens up a continuation towards $0.30-$0.35.” Source: Michaël van de Poppe/X SEI is trading for $0.17 at time of writing, down 2.4% in the last 24 hours. Next up, the analyst says that Bitcoin (BTC) is in a consolidation phase that may lead to an explosive move to the upside. “Bitcoin is stuck in the final range. Another test of $87,000 and we’ll likely break upwards to the rally of a new all-time high.” Bitcoin is trading for $83,800 at time of writi...

A widely followed crypto analyst says that Bitcoin (BTC) appears primed to skyrocket to a six-figure price tag but warns investors that it may go through a correction first. In a new thread, pseudonymous crypto trader Inmoral tells his 230,800 followers on the social media platform X that the crypto king will make a pit stop around the $85,000 level before shooting up to $100,000. “$90,000 > $85,000 > $100,000.” Source: Inmortal/X The trader’s chart indicates that the top crypto asset by market cap will once again cross into six-figure territory sometime in May. According to Inmortal, the $90,000 level is where the flagship digital asset will be tested. However, before it can cross that barrier, its monthly open – or the price it opened up the month with – needs to be retested. BTC is trading for $87,015 at time of writing, a fractional increase during the last 24 hours. On March 1st, BTC opened up with a price of $84,373. Moving on to...

Renowned crypto analyst Michael van de Poppe predicts that the XRP price surge of 413% in the past month signals a profit rotation into other high-potential altcoins. XRP’s bullish momentum continued in the last week, with the altcoin’s price soaring another 82% during this period to trade at $2.64 as of 5:11 a.m. EST. But the third-biggest altcoin by market capitalization only registered a slight increase in the last 24 hours, prompting some analysts to wonder if it has peaked, and how quickly that will prompt traders to look for new opportunities. XRP Price Surge Signals The Start Of The Altcoin Season – Will DOGE Be The Next Crypto To Explode? In the past, Bitcoin’s dominance has been used to gauge when an altcoin season would kick off. Traders generally interpreted a decrease in the leading crypto’s market share as an indication of capital being re-allocated toward the altcoin market. However, this bull market seems to be different.  Van de P...

A widely followed crypto analyst says that one dog-themed memecoin that has printed six-figure gains in just ten months is on the brink of another breakout. In a new strategy session, crypto trader Rekt Capital tells his 501,600 followers on the social media platform X Dogecoin (DOGE) rival dogwifhat (WIF) looks ready to skyrocket once again. “WIF – Dogwifhat has broken its macro downtrend. WIF is on the cusp of beginning a new macro uptrend.” Source: Rekt Capital/X WIF is trading for $2.35 at time of writing, a staggering 151,512% gain since its low of $0.00155 in December 2023 and a 5% gain during the last day. Moving on to fellow meme asset Pepe (PEPE), Rekt Capital says that it too is breaking out of months of stagnation. “PEPE also broke its multi-month downtrend.” Source: Rekt Capital/X PEPE is trading for $0.000011 at time of writing, an 18% gain during the last 24 hours. Concluding his Analysis with the top crypto asset by ma...

A popular crypto analyst thinks one large-cap Ethereum (ETH) rival could be at risk of a massive sell-off. Ali Martinez tells his 72,400 followers on the social media platform X that Toncoin (TON) could be in for rough weeks ahead following a new announcement that the messaging platform Telegram will provide user data to governments under certain circumstances. Telegram initially developed Toncoin in 2018, but it parted ways with the project in 2020 following a legal battle with the U.S. Securities and Exchange Commission (SEC). The Open Network, an open-source community of developers, took over management of the technology that year. TON, however, can still be sent by Telegram’s 900 million users within the platform without entering long wallet addresses. Pavel Durov, Telegram’s founder and chief executive, was arrested by French authorities last month on a warrant related to his platform’s alleged failure to moderate content linked to drugs, fraud a...