Widely followed crypto analyst Michaël van de Poppe offered his insights on a few altcoins that are among the top 100 by market cap.
Starting with XRP, Van de Poppe told his 614,800 Twitter followers that the altcoin needs to turn the current $0.33 resistance level to support before it can rise higher. told.
“XRP
It is starting to look better, but it needs to turn the $0.33 resistance into support to continue.
Then, I think even $0.43 is possible.”
XRP is trading at $0.34 at the time of writing.
Another altcoin Ethereum (ETH) scaling solution that the analyst is following is Polygon (MATIC). Van de Poppe thinks MATIC has the potential to rise over 20% from the current price.
“MATIC I expect it to continue to $0.65 from here and it looks pretty good.”
Polygon is trading at $0.56 at the time of writing.
The crypto trader predicts that Cardano (ADA) could rise once it reaches the $0.48 level.
“The trigger for the ADA party is $0.48. Until then, it rests in support.”
Cardano is trading at $0.46 at the time of writing.
The crypto trader completes his analysis with Phantom (FTM). Van de Poppe expects FTM to continue its uptrend, possibly rising more than 60% from its current level.
“FTM, I expect this to continue from here. It is probably moving towards $0.44-0.53.”
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.