Analyst Michael Van de Poppe expects to continue the bull rally in the altcoin market, which started in early April 2025.
The level of capitalization of altcoins increased to $ 925 billion after the standard transformation of the resistance zone into a support zone [S/R flip]. I believe that there will be a small consolidation before the next ascending breakthrough towards the new historical maximum, ”wrote Van de Poppe.
Judging by Michael, the schedule of changes in the level of capitalization of altcoins, the support barrier is located at $ 783.9 billion, which previously acted as a resistance zone. The cost of all released cryptocurrencies, with the exception of bitcoin, reached a peak indicator of $ 1.7 trillion in November 2021, and now it is $ 1.2 trillion. Accordingly, Van de Poppe predicts at least 42% of the price of altcoin.
According to the expert, one of the leaders of the bull rally in the digital assets market will be SUI (SUI), which has risen in price over the last month by 75%. Van de Poppe thinks that the coin course will continue to increase due to the influx of capital in the ecosystem, as evidenced by the record number of cryptocurrencies blocked in Defi in the network of this altcoin. In this regard, Michael calls investments in SUI an excellent solution that will be justified over the next few years.
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Source: Cryptocurrency
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