What will happen to Polkadot (DOT) and Arbitrum (ARB) prices? Here’s what Michael van de Poppe said:

Cryptocurrency markets appear to be approaching a critical stage where small missteps could alleviate the built-up bullish pressure. After facing a slight downtrend, the cryptocurrency triggered a small bounce, indicating that the token could follow the recovery steps with an easy split. While the overall market appears to be gearing up for the coming bull market, Polkadot (DOT) and Arbitrum (ARB) are expected to pull back 30% before posting a 50%-60% jump.

very popular analysts; Michael van de Poppe, he shares his analysis and believes that a small rejection could come quickly for both popular cryptocurrencies. Poppe says for Polkadot, DOT prices could fall another 30-40%, which could present a huge buying opportunity for traders. However, after reaching the liquidity zone, the price is expected to trigger a strong rebound and eventually reach $15.

“Great weekly candles overall, including DOT.

There has been a 30-40% correction, which is a huge opportunity in a bull market.

I think we are ready for the next upward impulse move, perhaps around $15 for Polkadot.”

Going through Arbitrum, analysts share similar price action going forward. ARB price triggered a strong rebound from critical support, but the possibility of a slight decline was also raised. The analyst therefore looks at a possible entry in the $1.4-$1.6 region, approximately 18% to 20% below current levels.

“It was a success.

If it gets back to between $1.40 and $1.60, it’s definitely a barrier to entry, but I think we’ll continue to use layer 2.

“Maybe this price could go up to $3 or $4.”