- Michael van de Poppe predicted yesterday that the price of XCAD could climb as high as $2.75-$3.00 soon.
- At press time, XCAD was worth $1.15 after its price rose by over 3% in the past day.
- Technical indicators on the token’s daily chart suggested that XCAD’s price may continue to rise.
The well known cryptocurrency trader and analyst, Michael van de Poppe, shared in an X post yesterday that the price of XCAD Network (XCAD) could start making a move up soon as the altcoin market is starting to break up and shift its trend. In his post, the analyst highlighted the importance of XCAD breaking past the strong $1.50 resistance.
If XCAD is able to flip this level, van de Poppe believes the altcoin could look to target $2.05. In an extremely bullish case, he believes XCAD’s price could even climb to between $2.75-$3.00.
The markets are breaking up and #Altcoins are shifting their trend.So is $XCAD. Market cycle starts to trend up in which a break of $1.50 is crucial.
If so, then in this stage we can see $2.05 or even $2.75-3.00 as next. pic.twitter.com/b1DKSMxnUM
— Michaël van de Poppe (@CryptoMichNL) December 1, 2023
Considering XCAD’s 24 hour performanc…
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