Prominent crypto trader and analyst Michaël van de Poppe is hyper-bullish on six altcoins.
For starters, Van de Poppe tells his 184,500 Twitter followers that he thinks huge price spikes are incoming for Ethereum (ETH) and Cardano (ADA).
Van de Poppe, believes it is “inevitable” that Ethereum, which is trading at $1,938.23 at time of writing, is will hit $5,000.
Additionally, the trader predicts that one of Ethereum’s competitors in the smart-contract space, Cardano, will also soon break an all-time high en route to about $1.55. ADA is trading at $1.20 at time of writing.
“So far, so good for Cardano. Almost perfect. If BTC behaves, this one should be fine and crawling up some more.”
Van de Poppe predicts Chainlink (LINK) will nearly double its current value and surge all the way to $50. The decentralized oracle network is trading at $28.79 at time of writing.
In terms of lesser-known oracle platforms, the analyst predicts that open-source project DIA will surge to nearly three times its current price of $3.78.
“DIA is doing great and made a beautiful bounce here. Drops are interesting for buys. They still are. $10 on the horizon.”
Van de Poppe taps Reef Finance (REEF) as another project that could print huge gains this year and surge to $0.14. The decentralized finance (DeFi) ecosystem is trading at $0.03982978 at time of writing.
“This one is looking ready for continuation. Constant higher lows looking for continuation upwards. Breaking $0.05 and I target $0.088 and $0.14.”
Lastly, the analyst is keeping tabs on Zilliqa (ZIL), which he believes could surge all the way to $0.29 from its current price of around $0.178.
“This one is still running upwards and making higher lows and higher highs. Levels to watch for potential entries: $0.15 and $0.12-0.13. As long as those hold, the path is open to $0.275-0.29.”
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/Wirestock Creators
Credit: Source link