Popular crypto analyst Michaël van de Poppe is updating his price targets for a trio of altcoins, including Ethereum (ETH).
Van de Poppe tells his 614,600 Twitter followers that oracle network Chainlink (LINK) is currently at an opportune price.
“Chainlink at $ 6-8 is still an opportunity of a lifetime.”
Van de Poppe predicted in late May that LINK could break out from its lingering slump if it surpassed the $ 7.50 resistance level. At time of writing, Chainlink is trading for $ 6.33.
LINK had surged to as high as $ 9.46 on June 9th before tumbling below $ 5.50 just four days later.
Moving on to leading smart contract platform Ethereum, Van de Poppe says he’s optimistic Van de Poppe says he could see the top altcoin rally to $ 1,400. as ETH recaptured the $ 1,000 level back on June 19th and has held the line ever since.
“Ethereum looks ready for this run.
Good bounce on the area of $ 1,080 and good recovery of the daily.
Expecting the highs to be tested and then possible $ 1,400. ”
Ethereum is up 4.3% over the past 24 hours and is changing hands at $ 1,182 at time of writing.
Last on Van de Poppe’s watch list is ETH challenger Fantom (FTM), which he previously said needed to flip the “crucial” $ 0.26 level.
Now the analyst says says that after breaking through the $ 0.26 barrier, his next targets for FTM are $ 0.29 and $ 0.31.
“FTM broke through resistance.
Flip of the area means $ 0.29 and possibly $ 0.31 next. ”
Fantom is currently up by 2.11% on the day, trading for $ 0.263.
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