Van de Poppe Projects The Next Moves For RUNE, MATIC, VET, ZIL

Michaël van de Poppe, a leading crypto market analyst, is looking into THORChain (RUNE), Polygon (MATIC), VeChain (VET) and Zilliqa (ZIL).

THORChain (RUNE)

Starting off with RUNE, which has been performing really well over the last month or so, rising from $4.85 on March 1 to $11.14 currently.

Regardless of the recent massive uptick, the analyst believes that RUNE still has strength to move higher.

“I think we’re going to see a continuation towards $14.50-15 on RUNE here.”

I think we're going to see a continuation towards $14.50-15 on $RUNE here. pic.twitter.com/ucsWRGNJUL

— Michaël van de Poppe (@CryptoMichNL) March 30, 2022

Polygon (MATIC)

Next up on the list is layer-2 scaling solution Polygon (MATIC). According to the analyst MATIC might see some downside, before the next move up.

“I’m still potentially looking at this level for MATIC.”

I'm still potentially looking at this level for $MATIC. pic.twitter.com/pHRXxgEvaO

— Michaël van de Poppe (@CryptoMichNL) March 30, 2022

VeChain (VET)

Van de Poppe next turns his focus on enterprise-solutions blockchain VeChain (VET).

According to him VET’s bullish divergence is coming to completion, which possible means another leg up for the altcoin.

“Tweeted about VET earlier and the reclaim happened. Since then, run of around 20%, which is great. Bullish divergence also completing here.”

Tweeted about $VET earlier and the reclaim happened.

Since then, run of around 20%, which is great.

Bullish divergence also completing here. pic.twitter.com/tiJ4BgwHxb

— Michaël van de Poppe (@CryptoMichNL) March 30, 2022

Zilliqa (ZIL)

The last digital asset on the trader’s list is high-throughput blockchain Zilliqa. It’s native token ZIL has been outperforming the rest of the market lately. Van de Poppe cautions crypto investors to chasing hyped up assets.

“Shared this one earlier, in which it was on higher timeframe support.

Now it’s up 500%, Zilliqa.

Wouldn’t rush into a position here at all. A correction will come and is inevitable.

Don’t chase hype.”

Shared this one earlier, in which it was on higher timeframe support.

Now it's up 500%, #Zilliqa.

Wouldn't rush into a position here at all.

A correction will come and is inevitable.

Don't chase hype. pic.twitter.com/JVrR2tNOud

— Michaël van de Poppe (@CryptoMichNL) March 31, 2022

Altcoin Market

Looking at the altcoin market in general, van de Poppe projects that altcoins are overdue for the next bullish cycle, which will be even heavier than the bull cycle in 2021.

“Altcoins had a year-long bear market. Most of them. I think they are done with that and we’re close to a new cycle…

One thing is sure, 2021 cycle was crazier than 2017 in terms of size and growth of adoption. Next one will be heavier.”

#Altcoins had a year-long bear market. Most of them.

I think they are done with that and we’re close to a new cycle.

— Michaël van de Poppe (@CryptoMichNL) March 31, 2022

One thing is sure, 2021 cycle was crazier than 2017 in terms of size and growth of adoption.

Next one will be heavier.

— Michaël van de Poppe (@CryptoMichNL) March 31, 2022