Crypto Strategist Predicts Big Run for One Ethereum Competitor, Updates Forecasts for ETH and Skale (SKL)

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Popular crypto analyst and trader Michaël van de Poppe thinks one Ethereum (ETH) challenger could be primed to take off on a price surge.

Van de Poppe tells his 582,000 Twitter followers that Near Protocol (NEAR) is probably “ready for a big run” after it finds a support level.

NEAR is the native token of the NEAR Protocol, a decentralized application platform designed for scalability and stability.

Van de Poppe notes that the $14 range could be a good “buy the dip” opportunity for the asset.

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Source: Van de Poppe/Twitter

NEAR, the 17th-ranked crypto asset by market capitalization, is trading at $16.04 at time of writing, up 1.82% in the past 24 hours.

The crypto analyst also thinks Ethereum looks good despite its recent price drop.

“Ethereum is also looking better. Still [a] questionable move, as it’s into the weekly close, but it’s starting to shape a bit better.”

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Source: Van de Poppe/Twitter

Van de Poppe says Ethereum’s “crucial resistance” is around $3,600.

Ethereum is trading at $2,970.31 at time of writing, down nearly 7% in the past 24 hours.

The crypto strategist is also keeping a close eye on Ethereum scaling solution Skale (SKL). According to the crypto strategist, SKL is quickly approaching a key support level between $0.16 and $0.18.

“This one is getting there: SKL.”

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Source: Van de Poppe/Twitter

At time of writing, SKL is exchanging hands for $0.17.

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Featured Image: Shutterstock/Admin9966/Natalia Siiatovskaia

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