Cryptocurrency analyst Michaël van de Poppe has expressed optimism about the recovery of the altcoin market, despite a recent 35% decline. He believes the market is bottoming out and sees significant upside potential in several altcoins. Van de Poppe highlighted PEAQ, W, REZ, and AEVO as promising projects, with strong technical signals particularly noted for W. He plans to sell W at price points between $0.16-$0.18 and $0.20-$0.22, using the proceeds to invest in OP, TIA, or REZ.
Van de Poppe also anticipates increased market volatility and aims to maintain a cash position to capitalize on buying opportunities. He mentioned the prominence of HYPE and ASTER in decentralized exchanges and expressed interest in investing more if the DePIN ecosystem shows signs of revival. Overall, he remains optimistic about the potential of the altcoin market.
Analyst Michaël van de Poppe Predicts Altcoin Market Recovery
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