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Renowned crypto analyst and strategist Michaël van de Poppe highlights the potential for a significant surge in the decentralized oracle network Chainlink 
$16 (LINK) in the near future. In a post shared on the social media platform X, van de Poppe notes that if Chainlink breaks through critical resistance levels, it could experience a substantial upward movement. Currently trading at $10.96, LINK is expected to show an upward trend in the short term.
Positive Scenario for Chainlink (LINK)
According to van de Poppe, LINK may enter a bullish trend within the next one to two weeks. The initial step of this trend will be testing the $13 level, followed by a predicted movement towards the $18 mark.
Expectations for Ethereum (ETH)
The analyst presents an optimistic outlook for Ethereum (ETH) 
$2,729 as well. Van de Poppe forecasts that if ETH breaks its current resistance level, it could reach $3,300. Currently trading at $2,479, he emphasizes that ETH could gain upward momentum due to macroeconomic developments.
“After this level, we might see upward momentum; however, retesting $2,000 is also a possibility,” he states.
Optimism (OP) and Potential Increase
Another altcoin drawing van de Poppe’s attention is Optimism (OP), an Ethereum layer-2 solution. The analyst believes OP could enter a strong upward trend if it breaks through a critical resistance level. Currently priced around $1.56, he indicates that the “fun could begin” once it surpasses the $1.75 level.
Overall Market Outlook
Van de Poppe also highlights the performance of other altcoins, not just ETH and OP. He notes that these developments are significant for investors looking to capitalize on market opportunities. However, he stresses that due to high volatility, investors need to exercise caution.
In conclusion, van de Poppe’s analyses signal a potential upward trend in Ethereum-based altcoins. For crypto investors, these signals are developments to monitor for future market movements.
