Newsletter
SHIB Army NEWS
  • Home
  • SHIB Chart
  • SHIB Calculator
  • SHIB Twitter
  • SHIB Events
  • Donate
No Result
View All Result
  • Home
  • SHIB Chart
  • SHIB Calculator
  • SHIB Twitter
  • SHIB Events
  • Donate
No Result
View All Result
SHIB Army NEWS
No Result
View All Result
Home SHIB

Crypto Strategist Michaël van de Poppe Issues Shiba Inu Warning, Names Entry Zones for Bitcoin and Ethereum

Daily Hodl Staff by Daily Hodl Staff
October 28, 2021
in SHIB
0
Crypto Strategist Michaël van de Poppe Issues Shiba Inu Warning, Names Entry Zones for Bitcoin and Ethereum
72
SHARES
1.2k
VIEWS
Share on FacebookShare on TwitterRedditEmail

Crypto analyst Michaël van de Poppe is not a fan of meme coin Shiba Inu (SHIB), which has surged this week while most of the crypto markets cooled off.

The trader tells his 458,400 Twitter followers that he hopes SHIB fades away, and says it’s better to seek out other opportunities rather than falling prey to potential FOMO (fear of missing out).

Related articles

Do Dogecoin’s (DOGE) and Shiba Inu’s (SHIB) stalled rallies mean the memecoin trend is dead?

Do Dogecoin’s (DOGE) and Shiba Inu’s (SHIB) stalled rallies mean the memecoin trend is dead?

February 3, 2023
Not today scammer

Not today scammer

February 3, 2023

 

Van de Poppe follows up his initial tweet by saying,

“Well, SHIB corrected down heavily by about 30-40% in a matter of hours. I hope you’ve not been buying last night, if you were feeling the FOMO to get in that coin.

There’s plenty of other massive opportunities.”

The analyst wraps up his thoughts on the SHIB rally by explaining his disappointment that attention has been taken away from other crypto projects involving decentralized finance (DeFi), decentralized autonomous organizations (DAOs), and non-fungible tokens (NFTs).

“I’m not sad I missed it. Got my own positions and gains.

However, I’m starting to hate the meme coins taking the spotlight away from the beautiful things being built in the markets through DeFi, DAO and NFTs. It’s just sad.”

SHIB went on an epic rally this past week, more than tripling in value to an all-time high of $0.00008616 yesterday, before correcting to its current price of $0.00007299.

Van de Poppe is also updating his ideal entry points for the leading cryptocurrency, Bitcoin (BTC).

“If you want to get into the markets, these are the chances that you want to go for [in the $57k range].

If you want to get into a position, I think the chances are literally on the horizon right now to get into those.”

Source: Michaël van de Poppe/YouTube

The price of Bitcoin is currently $61,613, down 7.1% on the week but up 4% over the last 24 hours, according to CoinGecko.

Moving on to the second-largest crypto by market cap Ethereum (ETH), the trader indicates two key price levels for prospective buyers.

“These two levels [between $3,600 and $3,900] are clearly entry zones for yourself if you want to get into the markets.

If it gets below those zones, you clearly have an invalidation level beneath.”

Source: Michaël van de Poppe/YouTube

ETH is valued at $4,205 at time of writing, up 5.8% on the day and just shy of its weekly high of $4,298, according to CoinGecko.

I

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

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

 

Check Latest News Headlines

 

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 loses 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/Tithi Luadthong

The post Crypto Strategist Michaël van de Poppe Issues Shiba Inu Warning, Names Entry Zones for Bitcoin and Ethereum appeared first on The Daily Hodl.

Share29Tweet18ShareSend
Previous Post

Shiba Inu (SHIB) Breaks 8th Place In Crypto Top 10 With Unprecedented Rally

Next Post

Shiba Inu Soars Knocking Dogecoin Down a Notch — 20 Holders Own 75% of the SHIB Supply

Related Posts

Do Dogecoin’s (DOGE) and Shiba Inu’s (SHIB) stalled rallies mean the memecoin trend is dead?

Do Dogecoin’s (DOGE) and Shiba Inu’s (SHIB) stalled rallies mean the memecoin trend is dead?

by Daily Hodl Staff
February 3, 2023
0

Absent shill and bullish newsflow, DOGE and SHIB have struggled to keep up with the wider crypto market rally that...

Not today scammer

Not today scammer

by Daily Hodl Staff
February 3, 2023
0

submitted by /u/hybredxero

Binance’s Significant Move Transferring 6.4T Shiba Inu Without Affecting Price

Binance’s Significant Move Transferring 6.4T Shiba Inu Without Affecting Price

by Daily Hodl Staff
February 3, 2023
0

submitted by /u/Glass_Pace_2200

Know Everything About the Relationship of SBF and CZ With This New Documentary

Know Everything About the Relationship of SBF and CZ With This New Documentary

by Daily Hodl Staff
February 3, 2023
0

submitted by /u/coingabbarupdate

Go Shiba

by Daily Hodl Staff
February 3, 2023
0

submitted by /u/MpressLady

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

shiba-inu Shiba Inu
$0.000013
$0.000013
EUR: €0.000012
GBP: £0.000011
7D Chart4.42%
Categories
  • SHIB
  • SHIB Reddit
Tags
Featured kickex Shiba whitebit

© SHIB Army News

No Result
View All Result
  • Home
  • SHIB Chart
  • SHIB Calculator
  • SHIB Twitter
  • SHIB Events
  • Donate

© 2021 SHIBArmy.news

  • bitcoinBitcoin(BTC)$23,539.00
    BITCOIN
    24H : -1.21%
    Volume : $43,620,095,319.00
    Marketcap : $453,788,370,913.00
  • ethereumEthereum(ETH)$1,649.91
    ETHEREUM
    24H : -1.47%
    Volume : $10,947,465,820.00
    Marketcap : $198,771,070,940.00
  • tetherTether(USDT)$1.000
    TETHER
    24H : -0.06%
    Volume : $54,636,307,538.00
    Marketcap : $68,100,960,099.00
  • binancecoinBNB(BNB)$331.60
    BNB
    24H : 0.360%
    Volume : $248,749,748.00
    Marketcap : $44,809,481,049.00
  • cardanoCardano(ADA)$0.403
    CARDANO
    24H : -0.87%
    Volume : $443,167,879.00
    Marketcap : $14,130,132,705.00
  • dogecoinDogecoin(DOGE)$0.092
    DOGECOIN
    24H : -2.01%
    Volume : $882,897,212.00
    Marketcap : $12,765,373,879.00
  • shiba-inuShiba Inu(SHIB)$0.000013
    SHIBA INU
    24H : 4.42%
    Volume : $780,052,543.00
    Marketcap : $7,410,071,400.00