Popular crypto strategist Michaël van de Poppe shared his predictions for decentralized oracle network Chainlink (LINK), Ethereum rival Near (NEAR), and three other altcoins.
Van de Poppe told his 580,200 Twitter followers that he is looking at Chainlink against Ethereum (LINK/ETH) to find an altcoin that will outperform Ethereum.
“I still think LINK is a huge thing to have in your portfolio.”
Request 01 – $LINK
The goal is not to outperform $BTCbut to outperform $ETH.
I still think that $LINK is a massive one to have in your portfolio. pic.twitter.com/zoZIhyxVDN
— Michaël van de Poppe (@CryptoMichNL) April 3, 2022
Looking at Van de Poppe’s chart above, the LINK/ETH pair seems to be stabilizing after trending down for over a year.
Next up is the smart contract platform Near, which Van de Poppe says is starting to build momentum. The analyst said of the altcoin:
“Very important support for holding the bottom opportunity and potential buying opportunity: the area around $14. Resistance points: $18 and $20 zone.”
Another altcoin on the trader’s list is LOOKS, the native token of the non-fungible token (NFT) marketplace LookRare. According to Van de Poppe, LOOKS is currently trading in a wide range between $2 and $3.50.
“A clear resistance point can be found around the $3.50 level here. A clear support point can be found at $2. Between (these levels) depending on the daily timeframe.”
The trader also reviewed the Reserve Rights Token (RSR). Van de Poppe stated that he watches the price action of the RSR against Bitcoin (RSR/BTC), which he states is at a potential breakout point.
“A very simple picture at this point.”
Request 04 – $RSR
Very simple chart at this point. pic.twitter.com/67LHMRzrA5
— Michaël van de Poppe (@CryptoMichNL) April 3, 2022
According to Van de Poppe’s chart above, RSR/BTC needs to turn resistance at 0.00000005 BTC ($0.023) to support to continue its bullish momentum. Otherwise, he predicts the pair could correct to 0.00000037 BTC worth $0.017.
The last altcoin on the analyst’s radar is Audius (AUDIO), a decentralized sharing and streaming protocol for audio files. Van de Poppe predicts that the uptrend will continue for AUDIO.
“This looks good. It may even continue towards $2.25. This time I’m following $1.25 for bottom buys.”
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.