Analyst Michaël van de Poppe calls two tokens with growth potential of 50%
The cryptocurrency trader believes that the value of altcoins could increase if the assets hold above support levels
19.08.2022 - 08:10
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What’s new? Crypto trader and analyst Michaël van de Poppe called two altcoins, the value of which could rise by 50% from the current values. He shared his predictions on Twitter.
The material is not an investment recommendation and is published for information purposes only.
Analyst about LINK. Van de Poppe reported that the token of the Chainlink decentralized oracle network could rise by almost 50%, up to $12, if the asset holds above the $8 mark.
As of August 19, 08:30 UTC, LINK is trading at $7,095, having lost 12,96% per day, according to Binance.
I've shared #Chainlink earlier, in which I've marked a few levels of importance.I'd like to see $LINK sustain above $8.If that's the case, the trend should continue upwards, and it could run towards $12. pic.twitter.com/p9vI0Lbntz— Michaël van de Poppe (@CryptoMichNL) August 17, 2022
Analyst about FTM. In his opinion, the native token of Fantom, a blockchain that supports smart contracts, could rise in price by 40-50%. The trader noted that FTM looks ready to continue the rally, as the standard correction is 15%, in addition, the level of support is maintained due to orders for the transaction with the asset (daily order block sustaining support).
FTM is trading at $0,3049, having lost 13,53% per day.
#Fantom looks ready for continuation, as we still hold crucial levels here.- Standard correction of 15%.- Daily order block sustaining support.- Continuation might lead to a rally of 40-50%.Opportunities everywhere. pic.twitter.com/Q3BFQpLvdU— Michaël van de Poppe (@CryptoMichNL) August 18, 2022
Earlier, the crypto analyst spoke about two altcoins that could potentially grow by more than 30%. The expert also reported the strengthening of bitcoin positions. In this, he noted the consolidation in a narrow price range and added that profit-taking is now taking place “as bear mindset is still key.”
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