Crypto bulls are raising the market as stocks bounce back. Bitcoin is 12% away from the $33,184 support. The altcoin market is on the upswing, with most posting double-digit gains. Let’s take a look at Twitter’s technical analysis by Michaël van de Poppe to map the levels ahead. We’re reviewing Cardano (ADA), Phantom (FTM), and Harmony (ONE).
ADA, FTM and ONE analysis
Michaël van de Poppe evaluated Cardano (ADA), Phantom (FTM) and Harmony (ONE) in his recent tweets. Starting with Cardano, the analyst says that ADA price must retrace a significant level to ignite the 25% rally:
ADA made a false exit above $1.50. He retreated into the range. If it wants to retest the $1.50 area, then it must surpass $1.20 first.
Analyst identifies critical resistance and supports in altcoin FTM
Next up is Fantom, the scalable blockchain platform for DeFi, DApps and enterprise applications. Trading against Bitcoin (BTC), Van de Poppe noted that the FTM/BTC pair managed to hold support at 0.00005 BTC ($1.81) and resistance is now at 0.000068 BTC ($2.48) to start an exit rally. He said he should show:
The crucial area to hold to avoid a nuclear bomb was the $2.5 zone. It did not hold, FTM price dropped towards support and received strong reaction from the region. Support at $1.88-1.99, resistance at $2.5. If this breaks -> new impulse wave.
cryptocoin.com The last altcoin on Poppe’s radar is Harmony (ONE), which focuses on boosting the decentralized economy. According to Van de Poppe, Harmony is poised to bounce against Bitcoin (ONE/BTC) after confirming support at 0.000005 BTC or $0.18.
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram and YouTube join our channel!
Disclaimer: The articles and articles on Kriptokoin.com do not constitute investment advice. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, asset or service in this article.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.