The expert believes that Chainlink (LINK), Ethereum (ETH), and Polkadot (DOT) will soon move into a growth phase

Which altcoins are poised for growth. Top 3 coins from analyst Michaël van de Poppe

23.07.2022 - 09:45

366

3 min

What’s new? Crypto analyst and trader Michaël van de Poppe called 3 altcoins that could rise in value in the near future. He attributed Chainlink (LINK), Ethereum (ETH), and Polkadot (DOT) to promising coins.

Analyst about LINK. According to the expert, the token of the Chainlink decentralized oracle network could rebound from the current price to $9,5-10. As of July 23, 09:55 UTC, the asset is trading at $6,89, having lost 4,61% in 24 hours, according to Binance.

Analyst about ETH. Van de Poppe says that it is currently possible to open short positions, although he sees prospects of the upcoming network’s upgrade Merge. According to the expert, the most important support area for ETH is $1570, if the asset holds, an upward movement continuation is possible. ETH is trading at $1559, having lost 4,34% in value per day.

Analyst about DOT. Analyzing the price chart, the expert noted that the token of the Polkadot blockchain has a lot of upside potential. DOT is trading at $7,33, having lost 6% in value per day.

Regarding the possible rise in bitcoin’s price, the analyst added that if the asset breaks through the $23 800 level, it could rise to $28 000. BTC is trading at $22 681, down by 3,36% in 24 hours.

Author:

Tatiana Darda Tatiana Darda

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