One of the most renowned and respected analysts in cryptocurrencies trader, Michael van de Poppe, is optimistic about cryptoactive and scored 5 altcoins, which, in his opinion, should match Bitcoin (BTC) in a new high phase, which could mean an increase of more than 50% in the price of BTC if its value exceeds $ 100,000.
One of cryptocurrencies in the list of traders this is Space (ATOM), a project that was dubbed “Internet blockchains“. According to the analyst, the ATOM / BTC pair is likely to grow.
“This whole region is here [0,00045 BTC – 0,00037 BTC no valor de $ 29,19 – $ 24] this is definitely what I am looking for in the next period as a potential entry point, ”he said.
In addition, the analyst believes that investors should be aware of Chailink (LINK), which is still in a downtrend compared to Bitcoin (LINK / BTC), but, According to him, the pair should start a new bullish cycle at the end of this and early next year.
“We can conclude that we are approaching the end of this retracement period, in which we may want to break this period and reverse at some levels before continuing. Moving averages also come into play at this stage, which leads to sideways action, but since we are changing the direction of the moving averages, I definitely want to buy them, ”he said.
Curve, AAVE and Vechain
The third cryptocurrency in the list of analysts is Curve (CRV), the proprietary token of the Curve Finance decentralized exchange. In it, the trader said the Curve is showing some strength against Bitcoin (BTC / CRV), but the pair must break through resistance at 0.0001 BTC ($ 6.49) for the bullish move to continue.
The fourth place in the Van de Poppe nominations is the credit protocol. Aave This crypto strategist says that AAVE / BTC are very close to breaking the key resistance that could push the price of cryptoassets to new all-time highs.
“If we break this level (0.005690 BTC worth $ 367.89), I expect an acceleration towards the highs (0.01 BTC worth $ 646.56), probably on the other side of the range. We’ve seen this before. “
The latest altcoin analyst is researching is Vechain (VET), a cryptocurrency that has been listed by an analyst since October due to its potential for applications and the recognition it receives among entrepreneurs.
In it, Van de Poppe points out that VET is still in a downtrend against Bitcoin (VET / BTC), but may see support at 0.0000015 BTC ($ 0.09) for a possible trend reversal.
“We see lower highs and lower lows here, so I think we want to see a new test taking place at these lower levels. You want to do a new test in this region before we have any extensions, but definitely a good test that these cycles will have before we start expanding to a new cycle. “
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