Popular strategist Michaele lvande Poppe analyzes four major altcoins as the crypto market continues to grow.
Blockchain Avalanche (AVAX), Van de Poppe, a native token for decentralized applications To tell His 606,600 Twitter followers show that AVAX shows signs of bullish divergence on the daily chart.
Cryptographic strategists say AVAX can surge by more than 60% from current levels.
“AVAX
There is a potential bullish divergence here every day, through which it is possible to continue towards the $ 40 area in the current market.
However, as a whole, we assume that multiple support zones will enter the underlying cumulative phase. “
The avalanche is trading at $ 23.76 at the time of writing.
Next is Chainlink (LINK). This is a decentralized oracle network that allows smart contracts to access off-chain data.
Van de Poppe To tell Chainlinks may continue to rise, but lower prices will give investors a once-in-a-lifetime opportunity.
“Link
So far, so good.
It looks like it’s continuing towards $ 9 or $ 10 here.
Yes, $ 6 is not yet [a once]-A once-in-a-lifetime opportunity to buy LINK. “
Chainlinks are trading for $ 7.06 at the time of writing.
Cryptographic strategists also look at two other altcoins – Cardano (ADA) and the decentralized financial platform Curve DAO (CRV).
Van de Poppe To tell Its CRV could reach a price of $ 1.09 after falling more than 10% from its current level and not above key resistance levels.
“CRV
After rejecting for $ 1.45, I’m searching for a retest here. “
Curve is trading for $ 1.25 at the time of writing.
Cryptographic analysts and traders To tell Cardano’s potential entry opportunities are between $ 0.51 and $ 0.55.
“ADA
If you look at the bounce play level of about $ 0.51 to 0.55 here, it’s because you’ve significantly rejected the $ 0.67 resistance. “
Cardano is trading at $ 0.58 at the time of writing.
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Featured images: Shutterstock / Liu zishan / Natalia Siiatovskaia
