Widely followed crypto trader Michaël van de Poppe predicts that the prices of the two altcoins could rise by up to 50%.
Starting with Chainlink (LINK), Van de Poppe told his 622,600 Twitter followers that the 24th largest crypto asset by market cap could rise by nearly 50% to $12 if the $8 price level remains support. told.
“I want to see LINK continue above $8.
If this happens, the trend will continue upwards and it could go towards $12.”
LINK is trading at $ 8.01 at the time of writing.
Another altcoin that Van de Poppe follows is Phantom (FTM). According to the analyst, the popular altcoin, which is referred to as an Ethereum competitor, could increase between 40% and 50%.
“Phantom looks ready to continue, because we still have very important levels here.
– 15% standard correction.
– Keeping the daily order block as support.
– Continuing from here could lead to a 40-50% rally.”
FTM is trading at $0.35 at the time of writing.
Van de Poppe also analyzed Binance Coin (BNB), the fifth-largest crypto asset by market cap. According to the trader, Binance Coin could drop below the key psychological level of $300 if the $310 support area is broken.
“With regard to BNB, nothing has changed.
It shows some strength that $310 could be the low of this correction.
If this level is lost, I will target $295 for potential long entries.”
You can follow the current price action here.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.