Renowned crypto analyst and trader Michaël van de Poppe gave advice on altcoins to watch in November.
Addressing his 139,000 followers on YouTube, Poppe first polkadotHe mentioned DOT. According to Poppe, Polkadot is in an uptrend against Bitcoin. The famous analyst commented on the DOT, which he believes can see even higher:
As long as we stay above this 0.00056 BTC ($33.83) area, I think we can turn this high area (0.00085 BTC or $51.34) and give ourselves a new high area.
However, using the Fibonacci extension tool, Poppe stated that the target for the next DOT/BTC rise is around 0.001 BTC at $60.40.
The next altcoin caught in the analyst’s lens is cosmos it happened. The crypto strategist highlighted three potential entry points for Cosmos in the Bitcoin pair (ATOM/BTC).
“You can start scooping between 0.00056 BTC to 0.00058 BTC ($33.83-35.03).” says the analyst, expecting profit in Cosmos.
Curve (CRV) is another altcoin that Van de Poppe recommends to his followers. He claims that Curve, which has been trading in a wide range between 0.000036 and 0.000086 BTC ($2.17-5.19) for almost a year, will ignite a big rally with a break in this range with a target of 0.00022 BTC worth $13.29.
The fourth coin on the famous name’s recommendation list, despite going through a deep correction against Bitcoin (LINK/BTC), which he says is still interested chainlink it happened.
Stating that Chainlink has not shown much strength this year, Poppe stated that this will create a great opportunity given the possibility of DeFi waking up.
The last altcoin on the list is The Graph. Van de Poppe says The Graph could create a bottom against Bitcoin (GRT/BTC) if it holds immediate support at $0.79 at 0.000013 BTC. Poppe also says that if a higher bottom occurs here, this entire trend will be reversed.
*Not Investment Advice.