The consolidated crypto market is now known to the masses in the industry. Traders and investors have set up their crypto radars in search of profitable returns and potential altcoin projects. Meanwhile, the popular crypto analyst gives entry levels for potential altcoins and De-Fi coins.
Entry levels for ATOM, LINK and 4 altcoins
Popular crypto analyst Michael van de Poppe is identifying entry zones for the coming weeks. According to the analyst, these cryptocurrencies could rise even higher in the coming cycles and the much anticipated altcoin season.
- Cosmos (ATOM)/BTC: Altcoin is witnessing weakness in price trends. ATOM had previously confirmed an impressive breakout. It is now consolidating on the downside and another move could yield entry points. These levels are $2.8943 and $2.3797, according to the analyst.
- Chainlink (LINK): LINK price is consolidating and recording LH levels. Analyst expects this to turn into HL. Support at lower levels could be an entry zone for higher gains. The project is also looking forward to an expansion in 2022.
- Curve (CRV): De-Fi token is one of the altcoins that has been in a horizontal trend for a short time. CRV has been trending sideways since September 2020. It also hasn’t broken its momentum yet. The CRV is expected to follow an upward price trajectory as it changes from inflationary to deflationary. The lower border areas of support levels can be vital entry points.
- AAVE /BTC : De-Fi token is recovering substantially as it rejects the previous support level for resistance. Michael believes AAVE entry zones for healthy returns are around $2.4376 and $1.6722.
- VeChain (VET): VeChain stands out among other altcoins. VET price is also moving down and posting LH and LL levels. A retest to support levels can be expected before rising.
Cryptocoin. com Michael van de Poppe analysis can be found here.