Popular crypto analyst Michaël van de Poppe is updating his price targets for a trio of altcoins, including Ethereum (ETH).
Van de Poppe tells his 614,600 Twitter followers that oracle network Chainlink (LINK) is currently at an opportune price.
“Chainlink at $6-8 is still an opportunity of a lifetime.”
Van de Poppe predicted in late May that LINK could break out from its lingering slump if it surpassed the $7.50 resistance level. At time of writing, Chainlink is trading for $6.33.
LINK had surged to as high as $9.46 on June 9th before tumbling below $5.50 just four days later.
Moving on to leading smart contract platform Ethereum, Van de Poppe says he’s optimistic as ETH recaptured the $1,000 level back on June 19th and has held the line ever since. Van de Poppe says he could see the top altcoin rally to $1,400.
“Ethereum looks ready for this run.
Good bounce on the area of $1,080 and good recovery of the daily.
Expecting the highs to be tested and then possible $1,400.”
Ethereum is up 4.3% over the past 24 hours and is changing hands at $1,182 at time of writing.
Last on Van de Poppe’s watch list is ETH challenger Fantom (FTM), which he previously said needed to flip the “crucial” $0.26 level.
Now the analyst says that after breaking through the $0.26 barrier, his next targets for FTM are $0.29 and $0.31.
“FTM broke through resistance.
Flip of the area means $0.29 and possibly $0.31 next.”
Fantom is currently up by 2.11% on the day, trading for $0.263.
Check Price Action
Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox
Follow us on Twitter, Facebook and Telegram
Surf The Daily Hodl Mix
 
 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured Image: Shutterstock/Bruce Rolff/AtlasbyAtlas Studio/David Sandron/VECTORY_NT
Credit: Source link
