Closely followed crypto strategist and trader Michaël van de Poppe is unveiling his latest price predictions for Shiba Inu (SHIB), Terra (LUNA) and three other altcoins.
Van de Poppe tells his 486,300 Twitter followers that dog-theme meme coin Shiba Inu remains on a downtrend as it continues to print lower highs and lower lows.
“If Bitcoin isn’t going to show strength, I won’t be surprised to see some retests at $0.000043 taking place or even $0.000035.”
Source: Van de Poppe/Twitter
Next up is decentralized finance (DeFi) payment network Terra, which Van de Poppe says is forming a bearish rising wedge structure on decreasing volume.
“The crucial level to hold is $43-$44 and otherwise, we’ll drop towards $26-$28 on this one, depending on Bitcoin. If it