Michaël van de Poppe, a popular crypto strategist and trader, said that he has reached lows for Cardano and VeChain, while predicting massive rallies for Chainlink and Tezos.
During a newly released strategy session, Van de Poppe told YouTube subscribers that the decentralized oracle network Chainlink (LINK) reflected the price action of late last year, when the coin corrected before launching a massive rally to break above its all-time high of $50. told.
The analyst expects the areas around $20 and $22 for support, where the price action will continue after a new high bottom, after which it can start to continue upwards again after experiencing another retest.
According to Van de Poppe, Chainlink expects it to rise from its current value of $27 to $48, which represents a potential increase of about 80 percent.
Another cryptocurrency on Trader’s list is smart contracts platform Tezos. According to Van de Poppe, Tezos appears to be in a bullish trend in Bitcoin (XTZ/BTC) and is on track to reach its target of 0.0002 BTC at $9.55.
“XTZ could be ready for 0.0002 BTC.”
Van de Poppe believes Cardano will likely reach a bottom at support around 0.000046 BTC ($2.20) before continuing its bullish trend and hitting its target of 0.000065 BTC ($3.11). After a cryptocurrency hits bottom, it is expected to rise.
“So far, things are going well for Cardano.”
Looking at the supply chain management platform VeChain (VET), Van de Poppe believes the coin has bottomed at $0.90 and could bounce off.
“VET has probably hit rock bottom.”
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.