A widely followed crypto strategist is outlining what’s on the horizon for XRP, Chainlink (LINK), and a controversial new altcoin.
Looking first at the cross-border payments solution, analyst Michaël van de Poppe tells his 667,200 followers on social media platform
“I fully recovered this case after winning the SEC case. Personally, I’m buying strength. This means that I am looking for a break above $0.54. A new test there is excellent for lengths.”
Fountain: Michael van de Poppe/X
Based on the trader’s chart, he seems to predict that XRP will rise above $0.70 if it clears its immediate resistance at $0.54.
At the time of writing, XRP is trading at $0.513.
Next up is the Chainlink decentralized oracle network. According to Van de Poppe, LINK is likely preparing for a bullish continuation after bouncing from its September low of $5.76.
“This one is showing upward momentum and I think it has bottomed out.
The new tests are ready to be purchased. If we get a retest of $6.15-6.40, that is an entry towards $8.”
Fountain: Michael van de Poppe/X
Looking at the trader’s chart, he seems to predict that LINK could shoot up to $8.59.
At the time of writing, Chainlink is worth $6.86.
The latest altcoin on traders’ radar is Worldcoin (WLD), a controversial crypto project that uses iris scanning technology. Van de Poppe believes that WLD is still in a downtrend, but also that it may offer opportunities for short-lived rallies.
“I would be looking for retesting to the downside so I can make a trade. Big bullish move and substantial correction since then. Aggressive approach: $1.35 area. Less aggression: $1.11.”
At the time of writing, WLD is trading at $1.38.
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source: dailyhodl.com
This news is republished from another source.
