Cryptocurrency

Analyst Who Knows 5 Levels: 5 Altcoins Can Explode At These Levels!

Prominent crypto strategist and analyst Michael van de Poppe says five altcoin projects are showing signs of life after enduring the market-wide crash in May. Let’s take a closer look at Michael van de Poppe’s altcoin assumptions…

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Michael van de Poppe: Recognized altcoin SOL is targeting these levels!

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Veteran analyst Michael van de Poppe tells his 350,500 followers on Twitter that he watches the price action of decentralized application (DApps) platform Solana (SOL), which will either break the resistance at $35.00 or a higher base at $28.00. (HL) states that it will save. Michael van de Poppe adds the following to his explanations on the subject:

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I’m waiting for an entry on this as it is currently moving within resistance. We don’t assume it will break right away, but it’s never looking for an HL (or higher resistance flip for fulcrum) to trigger for a position.

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Source: Michael van de Poppe/Twitter

Michael van de Poppe: Elrond prepares to test sudden resistance at 0.0032 in Bitcoin pair

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Next up is Elrond (EGLD), a platform that provides developers and businesses with tools to build infrastructure for digital economics. According to Michael van de Poppe, Elrond has made a bottom in the Bitcoin pair (EGLD/BTC) and is now preparing to test its immediate resistance at 0.0032. Michael van de Poppe adds the following to his comments on the matter:

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I expect this to hit bottom after a nice retest of the weekly order block. The high range around 320,000 Satoshi (0.0032) is critical as it blocks new ATHs (all-time highs). Searching for an HL around 220,000 (0.0022) Sats for entries -> and then I’m in.

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Source: Michael van de Poppe/Twitter

Michael van de Poppe: This altcoin is preparing for a strong surge

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The third altcoin that Michael van de Poppe has his eye on is The Graph (GRT), a platform that indexes and organizes blockchain data. The crypto strategist predicts that GRT is poised for a strong surge provided it forms a higher low. Michael van de Poppe adds the following to his explanations on the subject:

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This too seems to have hit the bottom, as it has made a correct full return to pre-rally levels. By giving him another HL, we can see a strong rally. A 130% move…

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Source: Michael van de Poppe/Twitter

Michael van de Poppe: USDT pair looks smoother than BTC pair on Polygon

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At number four on the analyst’s list is the blockchain scaling solution Polygon (MATIC), which he says must break through an area of ​​precious resistance to ignite bullish momentum. Michael van de Poppe adds the following to his comments on the matter:

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In the well-known altcoin MATIC, the USDT pair looks better than the BTC pair and remains in a range as in many markets. The critical breakout can be found around $1.35, while the foothold can be found in the middle of $0.90-1.00.

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Source:  Michael van de Poppe/Twitter

Michael van de Poppe: Altcoin project HBAR can start new uptrend!

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The last altcoin on the analyst’s radar is Hedera Hashgraph (HBAR), a public network for peer-to-peer payments. Michael van de Poppe expects HBAR to continue its uptrend as long as it has a critical foothold. Michael van de Poppe adds the following to his comments on the matter:

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It’s likely bottomed out, just like EGLD… Another testing of the block before the rally… Since then, we’ve been heading south, but once we hold the reinforcement and/or break the critical resistance -> new uptrend starts.

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Source: Michael van de Poppe/Twitter

Here are the analyst’s assumptions for successful BTC and altcoins

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Cryptocoin. com

As we have previously reported as , Michael van de Poppe accurately predicted the altcoin period in the first quarter of 2020. In addition, the successful analyst announced the declines of Bitcoin in the past hours, hours in advance. In addition to these, the analyst has also achieved a high success rate in crypto money claims in the past months.

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Michael van de Poppe stated that he expected a valuable market correction in February and predicted the market crash on February 22. The analyst also correctly predicted the decline of Bitcoin to $ 50,000 in March. Apart from these, there are other successful crypto money claims of the master analyst. For this reason, investors carefully follow the analyst’s predictions.

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