Crypto Trader Michaël Van De Poppe Plots Ethereum Path to $20,000, Predicts Rallies for Chainlink and Four Altcoins

Widespread crypto analyst and dealer Michaël van de Poppe is plotting Ethereum’s (ETH) value path to $20,000 whereas additionally predicting rallies for Chainlink (LINK) and 4 different altcoins.

The crypto strategist tells his 424,200 Twitter followers that he sees Ethereum following its 2017 bull market trajectory.

 

“Stunning comparability between ETH 2017 and ETH 2021. Had an analogous construction in 2017, the place it broke south with a correction of fifty%. Now, the identical value motion takes place, with a correction of 35%. The trail to $15,000-20,000 per ETH continues to be open.”

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Supply: Van de Poppe/Twitter
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Supply: Van de Poppe/Twitter

The crypto analyst can be bullish on decentralized oracle community Chainlink towards Bitcoin (LINK/BTC). Van de Poppe sees LINK rallying to resistance at 0.0007 BTC, value $29.42, and representing a 27% transfer from its present worth of 0.00055 BTC ($23.11).

“Chainlink: probably the most undervalued coin within the high 20. I’m nonetheless bullish on this one and oracles.”

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Supply: Van de Poppe/Twitter

The following coin on the dealer’s radar is Elrond (EGLD), a blockchain platform designed to energy distributed apps, enterprise use instances, and crypto transactions. In accordance to Van de Poppe, Elrond is poised for a robust rally towards Bitcoin (EGLD/BTC) to his goal of 0.008 BTC, value $336.25.

“This one is all the time one of many earliest runners. Earlier this yr, February, it ran as one of many first cash too. Stunning [support/resistance] flip. I feel we maintain that degree and have one other run to [0.008 BTC].”

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Supply: Van de Poppe/Twitter

Subsequent up is funds infrastructure platform COTI (COTI), which Van de Poppe says should keep above help at $0.48 or $0.41 to have a shot at igniting a surge of over 100%.

“Flip of both of these two ranges and continuation in the direction of $1 is probably going.”

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Supply: Van de Poppe/Twitter

One other coin on the dealer’s radar is Concord (ONE), a blockchain targeted on powering a decentralized financial system. In accordance to Van de Poppe, Concord is gearing up for a 90% rally in its Bitcoin pair (ONE/BTC) from its present worth of 0.00000368 BTC ($0.15).

“Huge [support/resistance] flip and bounce from this one right here. That’s nice! continuation occurring, via which we would see a bit extra correction earlier than 0.000007 BTC ($0.29) is subsequent.”

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Supply: Van de Poppe/Twitter

The final coin on Van de Poppe’s checklist is decentralized machine-learning community Fetch.ai (FET). In accordance to the crypto strategist, Fetch.ai appears to be like bullish towards Bitcoin (FET/BTC) after changing earlier resistance at 0.000014 BTC ($0.59) into help.

“In all probability prepared for 0.00005 BTC ($2.10).”

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Supply: Van de Poppe/Twitter

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