Van de Poppe ‘Heavily Bullish On Harmony (ONE), Updates ADA, MANA & GRT
According to a top crypto market analyst and trader, Michaël van de Poppe, Ethereum challenger Harmony (ONE) looks “heavily bullish.” He also projects a new market cycle for Cardano (ADA) and updates Decentraland (MANA) and The Graph (GRT).
Harmony (ONE)
The analyst shared with his 561.8K followers on Twitter that Harmony, a blockchain focused on powering a decentralized economy, is likely to overcome its final resistance area and soaring 83% from its current price of $0.30.
“Heavily bullish here. Great S/R [resistance to support] flips.
Looking for continuation towards $0.50-$0.55.”
Cardano (ADA)
Van de Poppe is also looking into Cardano, and plays with the thought that Cardano may have launched a new market cycle against Bitcoin (ADA/BTC) after losing more than half of its value in about 4-month window.
“New cycle has started? Looking quite good.”
At time of writing, ADA is trades at 0.00003448 BTC, down 7.4% on a daily chart.
Decentraland (MANA)
Another project on the trader’s radar is virtual reality platform Decentraland (MANA). In order to maintain a bullish continuation, MANA must stay above support at $2.50, Van de Poppe points out.
“Crucial area seems to be holding -> bullish continuation?”
At the time of writing, MANA is trading at $2.84, down 1.08% on the daily chart.
The Graph (GRT)
Lastly Van de Poppe covers The Graph (GRT), a platform that indexes and organizes blockchain data. GRT should clear out its immediate resistance to trigger bullish momentum, the analyst says.
“This one needs to break through a crucial level. If that happens, the trend is likely going to reverse.
Crucial area: between $0.625-$0.65.”
At time of writing, GRT is trading at $0.52, down 5.2% on the daily chart.