Widely followed crypto analyst Michaël van de Poppe shared his predictions for four altcoins, including Ethereum rivals Polkadot (DOT) and Near Protocol (NEAR). Here are the remarkable price targets of the famous analyst.
Analyst Van de Poppe told his 587,800 Twitter followers that interoperability blockchain Polkadot would need to remove critical resistance before it could hit a 35% increase.
“It is a very simple painting. It needs to break $20 and then $27 appears.”
Your successful analyst followed by Another crypto is Near Protocol, a developer-focused blockchain designed for scalability and stability. According to Van de Poppe, critical resistances for NEAR are around $17.70 and $20, with $13 as support.
“This has not changed. I am still interested in long positioning around $13 in this coin.”
Another cryptocurrency on Trader’s list is VeChain (VET), a blockchain platform designed to help companies optimize their supply chains. Van de Poppe said he is following two bullish scenarios for VET.
“- Either a trend change at $0.058 would be a great long position for some upside action.
– Or I follow $0.05 as the next level of support to be tested.”
The last coin on the analyst’s radar is GMT, the booming altcoin of STEPN, a crypto project built on the Solana (SOL) blockchain. According to analyst Van de Poppe, GMT must stay above $3.20 to avoid a heavy corrective move.
“This looks poised to continue, but I will be tracking some trades in the $3.20 region. If this level is lost, I think the drop could be quite heavy so I will be targeting the $3.20 zone for some longs.”
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.