The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

Ethereum and Cardano Waiting for This Signal To Launch Huge Breakouts, Says Top Trader

by Daily Hodl Staff
June 9, 2021
in Altcoins, Trading

Closely-followed crypto trader and analyst Michaël van de Poppe says that Ethereum (ETH) and Cardano (ADA) are waiting for one signal before launching huge breakouts.

In a series of tweets, Van de Poppe tells his 335,000 followers that despite the less-than-ideal look of the crypto markets, altcoins are still just in a consolidation phase against Bitcoin (BTC).

The trader says that once Bitcoin can finally find a bottom, Ethereum (ETH) and Cardano (ADA) will blast off to new 2021 highs.

“Still, altcoins against BTC are doing fine. Just consolidating.

ETH and ADA are knocking on the doors of the yearly highs and are eager to breakthrough.

I think they will once Bitcoin is bottomed.”

According to Van de Poppe, ADA/BTC is attempting to target a new yearly high somewhere in the 0.000062 area, which would represent potential gains of 34.7% from its current price of 0.000046.

“Cardano doesn’t care and is ready for new yearly highs on the Bitcoin pair.”

Image
Source: Michaël van de Poppe/Twitter

The analyst also has his radar locked on another altcoin that has been showing signs of life. In a tweet, Van de Poppe says Tezos is finding support on crucial moving averages (MAs) against Bitcoin (XTZ/BTC) as it gears up for the next leg of its bull run.

“Tezos holds the 100-day and 200-day MAs here, which looks like we’re going to have a continuation of the bull cycle.”

Image
Source: Michaël van de Poppe/Twitter

The trader adds that sentiment in the broader crypto markets is looking significantly bleak. According to him though, this could be a bullish signal.

“The sentiment is getting back to the funeral state.

Lovely!

Let’s see how this sentiment is going to be in a month from now.”

Follow us on X, Facebook and Telegram

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Art Furnace

Submit a Press Release

Industry Announcements

  • Binance Alpha Is Changing the Web 3.0 Game
    May 16, 2025
  • NEXPACE Launches MapleStory N and NXPC Token, Charting a New Chapter for MapleStory Universe
    May 15, 2025
  • GSR Invests in Maverix Securities To Support the Launch of Regulated Digital Asset Structured Products
    May 15, 2025
  • Sportsbet.io Launches One Million USDT Giveaway To Mark Champions League Finale
    May 15, 2025
  • Whale.io Accelerating Towards TGE – Unveils ‘Wager and Earn’ Campaign and Launches WHALE Token Conversion
    May 14, 2025
  • Edgen Launches ‘AI Super App,’ Democratizing Institutional-Grade Crypto Market Intelligence
    May 14, 2025
  • BC.GAME Unveils New Logo, Strengthens Crypto Integration in iGaming Ecosystem
    May 14, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$103,140.63
$103,140.63
0.67%
Ethereum
$2,472.96
$2,472.96
4.43%
BNB
$641.14
$641.14
1.29%
Solana
$166.36
$166.36
2.38%
XRP
$2.34
$2.34
2.95%

Spotlight

  • 413,032 Americans Affected As Major Data Breach Leaks Customer Names, Social Security Numbers, Financial Records and More
    May 10, 2025
  • Arthur Hayes Says Crypto Bull Market Primed To Continue, Outlines Bitcoin Path to Seven-Figure Price
    May 10, 2025
  • Saudi Arabia Eschews Formal BRICS Membership To Avoid Antagonizing US: Report
    May 10, 2025
  • $2,950,000 Enters Fraudulent Accounts at JPMorgan Chase, Wells Fargo, Bank of America and BBVA in Million-Dollar Romance and Money Laundering Scheme: Report
    May 10, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl