Michaël van de Poppe, a crypto strategist and trader closely followed by the crypto community, announced five altcoins to follow in October.
In a new strategy session, Van de Poppe told 130,000 YouTube subscribers; decentralized oracle network Chainlink (LINK) and said that he watches the Bitcoin/Chainlink parity. According to Van de Poppe, LINK/BTC is currently in an uptrend and is on the verge of a 40% increase from 0.00057 BTC, which is currently worth $24.74.
“Now, when we hold this higher low (0.000528 BTC ie $22.9) and climb back up; The resistance we need to break is at 0.00066 BTC ($28.65)… Once we get past that, the first real target area appears to be the area around 0.0008 BTC ($34.73).”
Second on analyst’s list, decentralized exchange Curve Finance (CRV) Curve is the management token. Van de Poppe predicts that the CRV/BTC pair is ready to make a 44 percent move from its current price of 0.000059 BTC ($2.56).
“What we see on the chart is Curve here; It is performing a nice retest at 0.000049 BTC ($2.17). There is a beautiful structure that we will witness as I continue towards the resistance at 0.000085 BTC (3.69).”
an elastic blockchain network SCALE (SKL)is next in the trader’s list. The crypto trader believes that SKALE is ready for a surge against Bitcoin (SKL/BTC) next month.
“Here we are poised for another run towards the highs of 0.00001 BTC ($0.43), which will most likely happen in October.”
A platform that indexes and organizes blockchain data. to The Graph empowering GRT is also on the trader’s October watchlist. According to Van de Poppe, The Graph is one level of resistance away from igniting a 100 percent surge against Bitcoin (GRT/BTC).
“[Kırılacak] The area is located in the area around 0.0000185 BTC ($0.80). If this breaks, the entire structure will break and we will likely reach new higher highs around 0.00003 BTC ($1.30).”
Finally, Van de Poppe; decentralized exchange protocol THORChain (RUNE) and says that he is watching the Bitcoin/THORChain pair (RUNE/BTC) closely. According to Van de Poppe, RUNE/BTC parity; It will consolidate for a while before starting a 100 percent increase from its current level of 0.00016 BTC ($6.94).
“I predict we will experience a slight consolidation, then a new higher low and then start moving forward… Next, I will look at target levels around 0.00031 BTC ($13.45) to 0.00034 BTC ($14.76).”
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.