Michael van de Poppe, a popular crypto strategist and trader, Ethereum rival altcoins Currently, the FTM/BTC pair is trading at 0.000053 BTC ($2.23), hovering just above Van de Poppe’s entry point at 0.00005 BTC ($2.11)., Polygon (MATIC) and shared his predictions of what’s next for the other entity.
Michaël van de Poppe told his 555,100 Twitter followers that Fantom, a highly scalable blockchain for businesses, is currently trading at a significant support level against Bitcoin (FTM/BTC).
“It’s very simple, it’s a big run. Based on this, the first area to look for spot longs is the area where we jump. It looks pretty good.”
Currently, the FTM/BTC pair is trading at 0.000053 BTC ($2.23), just above Van de Poppe’s entry point at 0.00005 BTC ($2.11).
Another crypto asset on Trader’s radar is blockchain scaling solution Polygon (MATIC). According to Van de Poppe, MATIC still looks bullish despite its recent correction as it continues to experience higher and higher lows.
“The green zone is a very important area that needs to be protected. If it breaks above $2.15-2.20, I assume another bullish run could happen.”
Next up is blockchain gaming platform Enjin Coin (ENJ), which Van de Poppe says is approaching two strong levels of support after a sharp correction from the all-time high of $4.84.
“Two big areas of support that I personally have wanted to seek for a long time.”
ENJ is currently trading at $2.23. According to Van de Poppe’s chart, two points of interest are located at $2.20 and $1.90.
WOO, the utility of the decentralized fintech startup and pool trading platform Woo Network, is another crypto asset on Van de Poppe’s list. According to the crypto analyst, WOO is threatening to mount a massive resistance and rally against Bitcoin (WOO/BTC).
“This is gearing up for a big debut. Constantly testing resistance while creating higher lows. Another breakout = bullish continuation.”
The last crypto asset on the list was the high-yield blockchain Zilliqa (ZIL). According to Van de Poppe, Zilliqa has managed to remove its immediate resistance against Bitcoin (ZIL/BTC) and now looks set to show a lower structure for a rise at 0.0000014 BTC ($0.05).
“This has had an uptrend (remember ATOM and LINK?) just as the altcoins in December offered a great buying opportunity.
Right now in a support area, it could be a good spot.”
The ZIL/BTC pair is currently trading at 0.00000142 BTC ($0.06).
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.