Notable crypto analyst Michaël van de Poppe predicts significant value increases for certain tokens in the Ethereum
$2,698 ecosystem. Sharing insights with his followers on social media, van de Poppe highlights Chainlink
$19 (LINK) and Sui (SUI) tokens, emphasizing the substantial growth opportunities they present. He warns investors about the potential for new peaks in these tokens.
**Expectations for a 169% Surge in Chainlink**
According to van de Poppe, the consistent patterns observed in Chainlink’s price chart may signal the start of a new bullish trend. He argues that these formations, especially at support levels, could position Chainlink more favorably against the dollar.
Van de Poppe anticipates that Chainlink could rise approximately 169% from current levels. Currently priced at $18.60, he expects this token to double in value against BTC and reach the $40-50 range. He notes that the price movements indicate a stable upward signal, urging investors to closely monitor this opportunity.
Despite recent market fluctuations, Chainlink has maintained its support regions, indicating potential upward momentum. If the chart formations pointed out by the analyst prove successful, Chainlink may garner increased attention in the coming period.
**Sui Token Holds the Potential for a 61% Value Gain**
Another significant token highlighted by van de Poppe is Sui. He notes that Sui has effectively tested critical support levels and believes it could gain 61% from its current position.
Currently trading around $3.32, Sui has retraced about 38% from its previous peak, but van de Poppe suggests a resurgence is possible alongside favorable market conditions. He advises that after testing support, Sui may achieve new highs, urging investors not to miss out on this opportunity.
As Sui gains more traction in the markets, the demand for this token could increase rapidly, as highlighted by the analyst. Recognized as a project with significant potential, Sui can make noteworthy moves during periods of market activity.
The forecasts for Chainlink and Sui tokens illustrate that despite the volatile nature of cryptocurrency markets, they offer certain opportunities. Nevertheless, experts encourage investors to conduct their own research before making decisions.
