This Altcoin Set to Soar 200%, Analyst Predicts Potential ATH by Early Next Year
A popular crypto analyst is predicting significant gains for one Ethereum layer-2 scaling solution, forecasting a potential surge of over 200%.
Michaël van de Poppe suggests that Optimism ( OP ), a competitor to Polygon ( POL ), could reach a new all-time high (ATH) by early next year, provided it holds key support levels.
Van de Poppe notes that while OP has recently faced a 20% drop, it is testing critical resistance zones.
He anticipates that if Optimism can retest the $1.80-$1.90 range, it could break upward and challenge its ATH of $4.84 by January, representing a 214% increase from its current value of $1.54.
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Hamster Kombat Token Sees $1.3 Billion in Trading Volume Despite Drop in Active UsersTurning to Bitcoin ( BTC ), the analyst believes the leading crypto could potentially hit $100,000 by the end of the week.
However, he also warns of a flash crash within the next couple of weeks, which could disrupt liquidity across the crypto markets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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