Famous Analyst With His Predictions Gave Entry Levels For 3 Altcoins!
Crypto analyst Michael van de Poppe examines potential entry points for 3 altcoins, one of which is a midrange rival to Ethereum. Van de Poppe said he strictly follows Algorand (ALGO), a blockchain. Details Kriptokoin.com‘gives.
Predictions about 3 altcoins
According to the analyst, Algorand’s poor performance against Bitcoin over the past few months has brought the pair to a significant level of interest. The analyst says:
We have a significant level of support. The first is the level we see here today. [0,000002635 BTC veya 1,35 dolar] and makes the entire block below this level an important region to look at for potential entry points.
The analyst says that as long as the ALGO/BTC trades above the support level, there is a chance to ignite a resistance spike of approximately 40% at 0.00003620 BTC or $ 1.85.
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2022 Predictions from 5 Experts: Watch These 4 Altcoins!
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The next altcoin is Elrond’s native token (EGLD), a scalable smart contract blockchain platform. The analyst said he expects Elrond to continue correcting against Bitcoin until it reaches a key level of support. On the subject, the analyst said:
This whole blog [0,004220 BTC veya 215.72 dolar civarında], this is definitely the place where I look for potential trades, because then we also check the previous high for support. This will be the last, final entry point for Elrond.
Next up is VeChain (VET). According to the analyst, VeChain needs to eliminate two main components of the fight against Bitcoin to ignite an uptrend. said Poppe
Preferably what level do I want to see the success of VeChain? I would like to see this whole block break around 0.00000190 BTC ($ 0.09). And then the second level I want to see breakthrough is the full level around 0.00000210 BTC ($ 0.11). Because if that breaks, I think we are broken or facing this recent high (0.00025 BTC or 0.13).