Van de Poppe: Cosmos, Polkadot or Tezos Could Be The Next Solana

Michael van de Poppe, a prominent cryptocurrency analyst and pro-trader is closely following three altcoins that according to him could follow Solana’s recent rally.

Solana (SOL) is currently sitting at 6th largest crypto asset by market cap. At the time of writing the altcoin is trading at $176, with 24% profit on a weekly chart, and up 600% from its July low of $24.

After SOL’s incredible breakout, Michaël van de Poppe is closely following three altcoins: decentralized blockchain platforms Tezos (XTZ), Polkadot (DOT), and Cosmos (ATOM).

The trader shares with his 123K YouTube subscribers that XTZ, DOT and ATOM all look ready to rally:

“If I would have to choose a coin that’s going to follow Solana and it has to be a layer-one solution, it’d either be Tezos, Polkadot, or it’s going to be Cosmos, and given the structure, it looks amazing.”

According to the analyst, as ATOM is trading within a two-year accumulation period against Bitcoin, he is expecting a retest of the 0.00051 BTC level ($22.88) after the ATOM started an uptrend against its BTC pair in August.

Van de Poppe lays out two key price levels, where ATOM could be heading.

“Nice retest off the ($17.47) level, regained everything that it lost in the crash a few days ago, and I think that we’re going to continue moving and we’re going to break the highs through which the next target zone I am looking at for Cosmos is $47.50 and $72.”

At the time of writing, ATOM trades at $26.86, according to CoinMarketCap.