Widely followed cryptocurrency trader and analyst Michael van de Poppe predicts that the two altcoins could rise by up to 50%.
Starting with the decentralized oracle network Chainlink (LINK), Van de Poppe To tell His 622,600 Twitter followers believe the 25th largest crypto asset by market cap could rise nearly 50% to $12 if the $8 price level holds as support. increase.
“We want LINK to stay above $8.
In that case, the trend could continue up and close to $12. ”
LINK is trading at $8.11 at the time of writing.
Next up is Fantom (FTM), the native token for smart contract-enabled blockchains.According to analysts, Ethereum competitors are undulation Between 40% and 50%.
“The Phantom still holds a significant level and seems ready to continue.
– 15% standard correction.
– Daily order block maintenance support.
– Continuation could lead to a 40-50% rise. ”
FTM is trading at $0.358 at the time of writing after dropping about 12% over the past seven days.
Also Van de Poppe analyse Binance Coin (BNB), the fifth largest crypto asset by market capitalization. According to traders, Binance Coin could break below the critical psychological level of $300 if the $310 support area collapses.
“In terms of BNB, nothing has changed.
It is showing strength and $310 may be the low for this correction.
If it loses, aim for $295 with a potential long entry. ”
BNB is trading at $304 at the time of writing, down less than 1% on the day.
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Featured Image: Shutterstock/eliahinsomnia/David Sandron
