Legendary Analyst with His Predictions Announces 6 Altcoins on His Radar

Legendary crypto strategist Michaël van de Poppe reveals his “important” analysis after the Bitcoin and altcoin market dropped this week.

Analyst expects correction in altcoin and BTC market

In his recent analysis, Van de Poppe says he looked at interesting price ranges for Bitcoin (BTC), Ethereum (ETH) and a few popular altcoins. The analyst thinks we are “in a short-term bounce phase in Bitcoin,” adding that price corrections are a healthy part of bull market cycles. Poppe’s analysis and technical charts:

As a reminder, Bitcoin could even correct to $48-50,000 and still be in an uptrend. I expect an elongation cycle to occur and a healthy correction to occur.

Analyst Announces 6 Altcoins on His Radar

In second place is Cardano (ADA)

Van de Poppe is next, looking at Cardano’s cryptocurrency ADA. According to the analyst, a correction in ADA price can be expected:

Cardano is still making corrections. Probably sales will grow even more at this point. We may see a correction in the $1.50 area, but then I think the correction will be over.

Regarding the veteran altcoin Litecoin (LTC), the price chart below highlights one area of ​​demand.

Van de Poppe then discusses Phantom (FTM), a scalable Blockchain platform for DeFi and DApps. The analyst says FTM has strong support levels between $1.50 and $2.00.

VeChain (VET)

Regarding supply chain management blockchain VeChain (VET), Poppe thinks VET has a chance to rise compared to BTC if it can maintain the 0.00000173 and 0.00000198 range.

cryptocoin.com The last of the list we have quoted is the anti-inflationary Reserve Project and its associated token, RSR. While pointing out the range between 0.00000052 and 0.00000112 BTC, Van de Poppe says the following for the RSR altcoin:

I expect RSR to get interesting relatively soon.

Contact us to be instantly informed about the last minute developments. twitterin, 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.

source site