Van de Poppe: 5 Altcoins – LINK, AAVE, SNX, COMP & ICX Are Waking Up
According to Michaël van de Poppe, a popular crypto analyst and trader, Chainlink (LINK), Aave (AAVE) and three smaller altcoins (SNX, COMP and ICX) are waking up after the big market correction in May.
Van de Poppe tells his 350K followers on Twitter that Chainlink looks ready for a 25% rally against Bitcoin pair (LINK/BTC) from its current value of 0.0006.
“Chainlink looking ready for continuation here.75,000 satoshis (0.00075) is on the horizon.Still a massive buy.”
— Michaël van de Poppe (@CryptoMichNL) July 6, 2021
The trader also suggests out that the whole decentralized finance (DeFi) sector looks strong as he points out three DeFi coins that he believes are starting to go up.
“DeFi going great, as AAVE, SNX, COMP are waking up heavily. It’s just a start, but the market starts to look good. I’m expecting more to follow suit with those.”
It's just a start, but the market starts to look good.
I'm expecting more to follow suit with those.
— Michaël van de Poppe (@CryptoMichNL) July 5, 2021
There is one more less popular coin Van de Poppe has his eyes on and says it has potential to skyrocket in the near future.
Multi-purpose blockchain protocol Icon (ICX) could be bottoming out and possibly ready to make a move against its Bitcoin pair (ICX/BTC) in the coming months.
“Is Icon bottomed out? Might be. Heavy support bounce, after which it’s looking like it wants to test the resistances. Flipping those are entry triggers. Potential continuation of 75% possible.”
— Michaël van de Poppe (@CryptoMichNL) July 6, 2021
As for the wider outlook for crypto markets, the analyst has expectations for both Bitcoin and the rest of the crypto space to slowly climb higher, with altcoins with higher propability to outperform BTC in the coming months.
Most likely expectation is that #altcoins will be grinding up way heavier than #Bitcoin in the coming period.
They looked great and got destroyed through that final drop of #Bitcoin to $30K.
Therefore, I'm expecting them to continue outperforming #Bitcoin in the coming months.
— Michaël van de Poppe (@CryptoMichNL) July 6, 2021
“Most likely expectation is that altcoins will be grinding up way heavier than Bitcoin in the coming period.They looked great and got destroyed through that final drop of Bitcoin to $30,000.Therefore, I’m expecting them to continue outperforming Bitcoin in the coming months.”
