The crypto trader expects the rates of BNB, MATIC, RUNE, and FTM tokens to spike

Analyst Michaël van de Poppe predicts rapid growth in four altcoins

18.07.2022 - 11:55

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3 min

What’s new? Cryptocurrency analyst and trader Michaël van de Poppe has called four altcoins that have the potential for rapid growth. He attributed Binance Coin (BNB), Polygon (MATIC), THORChain (RUNE), and Fantom (FTM) to promising coins. The analyst covered each asset in detail on his Twitter account.

Analyst about BNB. Van de Poppe found that the utility token of cryptocurrency exchange Binance holds a price range of around $216. In his view, as soon as BNB breaks resistance at $240, a move towards $270 is possible.

As of July 18, 11:10 UTC, the asset is trading at $261,5, having gained 3,65% per day, according to Binance.

Analyst about MATIC. According to Van de Poppe, MATIC, the native token of the Polygon network, could also show gains if it passes the $0,73 mark. In that case, the rate’s move towards $1 is possible.

MATIC is trading at $0,91, its rate gained 19,57% per day.

Analyst about RUNE. The expert believes that the token of THORChain, a multi-chain liquidity protocol, is also poised for rapid growth. RUNE needs to cross the $2,5 mark for that to happen. If that happens, the analyst expects the asset to reach the $3,3-$3,5 price range.

RUNE is trading at $2,56, having gained 13,93% per day.

Analyst about FTM. Van de Poppe expects the token of Fantom, a smart contract platform token for dApps, to fall to $0,24 before starting to rise. In his view, FTM could test lower levels a few times, but then the rate will rise to $0,34.

The token is trading at $0,28, its price increased by 7,16% in 24 hours.

Earlier, Michaël van de Poppe spoke about the growth conditions of altcoins such as Cardano (ADA), BNB, Cosmos (ATOM), and Harmony (ONE).

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