Popular crypto analyst and trader, Michaël van de Poppe, to his 486,300 Twitter followers, is revealing his latest price predictions for Shiba Inu (SHIB), Terra (LUNA), Enjin Coin (ENJ), Kadena (KDA) and Zilliqa (ZIL). we too cryptocoin.com We have compiled Michaël van de Poppe’s analysis and explanations on these five altcoin projects for our readers.
The first altcoin projects on the analyst’s list: SHIB and LUNA
Michaël Van de Poppe says that Shiba Inu, the most talked about dog-themed meme token of recent times, remains in a downtrend as it continues to print lower highs and lower lows:
If Bitcoin (BTC) isn’t going to show strength, I wouldn’t be surprised if some retests take place at $0.000043 or even $0.000035.
The crypto analyst makes the following assessment of the decentralized finance (DeFi) payment network Terra (LUNA), which he says is forming a bearish wedge structure with decreasing volume:
The critical level to hold is $43-44 and otherwise we will drop to $26-28 at this level depending on Bitcoin. If it breaks to the upside, the next target is $60-63 on Fibonacci (extension) basis.
by Michaël Van de Poppe ENJ, KDA and ZIL estimates
Another altcoin project on the popular analyst’s list is Blockchain gaming platform Enjin Coin (ENJ). According to Michaël Van de Poppe, he is looking at $2.67 and $2.05 as potential interest levels.
Michaël Van de Poppe is also keeping a close eye on hybrid Blockchain Kadena (KDA), which he says has made a “huge move”. The crypto strategist expects KDA to bottom at $21.22 or $15.72:
There are some points of interest in the chart here, which I personally searched for entries.
The last altcoin project on the analyst’s list is the high-yield Blockchain Zilliqa (ZIL). According to Michaël Van de Poppe, Zilliqa must remove the immediate resistance of around 0.000002 BTC ($0.12) against Bitcoin (ZIL/BTC) to ignite an epic rally:
I am intensely interested in the green zone here, as I think it could yield 300-700% returns in the next spike.
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