Top crypto analyst Michaël van de Poppe says that altcoin prices could surge by up to 200% as Bitcoin (BTC) and many other crypto assets rally.
“The entire market looks ready to continue moving heavily. Many altcoins & Bitcoin breaking above 50-Day Moving Average. Bitcoin breaking above 200-Week Moving Average. Looks to me to see a continuation on those altcoins for 100-200%.”
The trader says that AVAX could hit $41 from its current price of $24.34.
“Altcoins are ready to run another 100-200% from here.
An example, AVAX is shown here:
Broke above 50-Day MA earlier, retest confirms buying