Analyst Michaël Van de Poppe Lists His Top 5 Altcoins For November

Michaël van de Poppe – a leading crypto analyst and trader – lists his top altcoins to follow for November 2021.

Polkadot (DOT)

In a recent video, Van de Poppe shares with his 139K subscribers on YouTube subscribers that he closely following price action of the native token of interoperable blockchain Polkadot (DOT). He says that DOT is in an uptrend against Bitcoin (DOT/BTC) and continues to print higher highs and higher lows on the daily chart.

“The assumption is made that as long as we stay above this area of 0.00056 BTC ($33.83), I think that we’re going to have continuation happening in which we might flip this high (0.00085 BTC or $51.34) and create ourselves a new high.”

Applying the Fibonacci extension tool, the analyst places the next leg up for DOT/BTC around 0.001 BTC, worth $61.30 at the time of writing.

Cosmos (ATOM)

ATOM, the native token of Cosmos – a project that seeks to become the “internet of blockchains” – is the next coin on Van de Poppe’s list. He identifies three potential entry points for Cosmos against Bitcoin pair (ATOM/BTC).

“You can start scooping in between 0.00056 BTC to 0.00058 BTC. If it depends on me, 0.00052 BTC is the next one and then finally, around 0.00045 BTC.”

Curve (CRV)

Next up is Curve (CRV), the governance token of stablecoin-focused decentralized exchange Curve Finance. CRV has been trading within a wide range between 0.000036 BTC and 0.000086 BTC for almost a year, the analyst points out.

But he predicts that if CRV can breakout from the range, it will spark a massive rally to his target at 0.00022 BTC, worth $13.29.

Chainlink (LINK)

Van de Poppe is also looking into decentralized oracle network Chainlink, which is still interesting to him, despite it recently went through a deep correction against its Bitcoin pair (LINK/BTC).

“Given the heavy correction that Chainlink has still been making during this year and has not been showing too much strength yet and DeFi (decentralized finance) is probably going to wake up, this is going to grant a massive opportunity.”