Widely followed analyst Michael van de Poppeshared their price targets for the three cryptoassets and evaluated potential entry points.
The trader first told his 612,900 Twitter followers that enterprise solution blockchain Zilliqa (ZIL) could hit the $0.05 level if it can find support above $0.0375. told.
“It’s a game I’ll follow if it clearly retests. Personally, for longs, I’d be tracking $0.0355 – $0.0375 and then targeting approximately $0.048. Or it turns the resistance at $0.048 to support.”
Koinfinans.com As we reported, the next crypto on the analyst’s list is the leading smart contract platform Ethereum (ETH). The analyst evaluated ETH over the Bitcoin (BTC) trading pair while taking into account the higher time frame (HTF). Van de Poppe points out the possibility of a higher low on the price chart.
“We are now looking at new HTF-based support.
If the positive bullish divergence continues, I expect to see a retest at 0.058 BTC or even 0.063 BTC – 0.065 BTC.”
Ethereum is currently trading at 0.050007 BTC ($1,063). The latest altcoin on Trader’s radar is Phantom (FTM), an enterprise-grade blockchain platform. Van de Poppe stated that he will watch the altcoin for the long term and that it can cross a few key resistance points and double its current levels.
“Let’s look at higher timeframes. It needs to exceed $0.34 and then $0.54 and $0.68 are open.”
You can check the price movements 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.