Master analyst Michael van de Poppe shared his new altcoin predictions. The analyst explains what’s next for altcoins Algorand (ALGO), The Sandbox (SAND), Chainlink (LINK), Curve DAO Token (CRV), and Swipe (SXP). Cryptocoin. com, we have compiled the details for you, let’s examine the subject together…
Michael van de Poppe: Check out this altcoin project!
In his new analysis, crypto analyst Michael van de Poppe says 158,000 YouTube subscribers should look into Algorand. The analyst says the altcoin project offers investment opportunities. Michael van de Poppe adds the following to his comments on the subject:
What level do I want to see Algorand’s breakthrough? That’s all the block we have here at $1.75… If this is broken, we can clearly see that the situation continues in the markets as we are currently facing resistance. After a nice bounce, you can already see an increase of about 30% to 35%, and if we break that, the next resistance we can really attack is the area around $2.10 to $2.25.
Michael van de Poppe: These 2 altcoins offer good opportunities!
Michael van de Poppe says that SAND offers a great day trading opportunity at the retest level of around $5.25. Michael van de Poppe adds the following to his comments on the subject:
If about $5.10 area is lost, a retest will likely take place at $3.95 or maybe $3.
The analyst also identifies potential entry points for the CRV, which is currently facing resistance around $6. Michael van de Poppe adds the following to his comments on the subject:
First I would definitely look at entry points around $4.50 and if we break above $6.10 then I would target $8 and $10.
Michael van de Poppe: There may be a break in these 2 altcoin projects!
The analyst also points to Chainlink and states that he expects a rally. Michael van de Poppe adds the following to his comments on the subject:
A crucial breakout for this is a break above $23.50. If this is broken, the next test will be $35 and we will most likely put ourselves in a new uptrend.
As for the swipe, Michael van de Poppe says that the critical resistance level that the coin must break is around $2.20. Michael van de Poppe adds the following to his comments on the subject:
If that breaks down, you know you can look at a potential level where you can start building your positions. But when you look at the build in this case, you obviously want to wait until we get it. A retest that took place around $1.70…