Michaël van de Poppe expects the growth rate of cryptocurrencies such as Polygon (MATIC), Zilliqa (ZIL), and XCAD Network (XCAD)

Analyst called three promising altcoins with low capitalization

23.05.2022 - 11:30


3 min

What’s new? Cryptocurrency analyst Michaël van de Poppe sees Polygon (MATIC), Zilliqa (ZIL), and XCAD Network (XCAD) as the most promising low-cap altcoins. In his view, these tokens have a chance to grow in price. The analyst said this on Twitter.

Analyst about MATIC. According to Van de Poppe, the rate of MATIC, the native token of the Polygon platform, may rise if the price of the asset does not fall below a support level of $0,59. The analyst predicts that the value of MATIC will begin to rise if it passes the $0,70 mark. As of May 23, the token is trading at $0,69 (according to Binance).

Analyst about ZIL. Van de Poppet noted that the Zilliqa blockchain’s token has the prospect for growth as ZIL trades within a narrow range. The analyst believes that if the token holds in the $0,05 support zone, then a move towards $0,062-$0,067 is possible. As of May 23, ZIL is trading at $0,057.

Analyst about XCAD. Van de Poppe sees XCAD, the native utility token of the content tokenization platform, XAcademy Network, as promising, but now expects its value to decline and plans to buy the asset when the rate is at $2,50. As of May 23, XCAD is trading at $3,82.

What happened before? On May 9, Michaël van de Poppe named the five most profitable cryptocurrencies in terms of risk-to-reward ratio. The analyst attributed Cardano (ADA), Chainlink (LINK), Curve DAO (CRV), SKALE (SKL), and VeChain (VET).

On May 17, Michaël van de Poppe concluded that the rates of cryptocurrencies such as Chainlink (LINK), VeChain (VET), and Verasity (VRA) may rise in the near future.

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