Van de Poppe Predicts Next Moves for Ethereum and 4 Low-Cap Altcoins
Michaël van de Poppe a widely-followed crypto analyst and trader predicts the price path for Ethereum and four low-cap crypto assets: VET, QNT, KAVA and SXP.
Ethereum Could Turn $2,300 Resitance into Support
In a recent video, Van de Poppe shares with his 109K YouTube subscribers that he is seeing a potential bullish scenario for Ethereum (ETH) as it coming closer to take out resistance at $2,300.
“We can conclude that we’ve got a double bottom, and we’ve got a range low. Next to that, what you want to see, and especially if Bitcoin is going to make a corrective move, is that Ethereum is going to test the level around $2,000 and sustain there for support. That would grant a new higher low. That would grant some more strength.”
If Ethereum breaks above $2,300, the analyst expects ETH to flip the resistance into support and keep its uptrend.
VeChain (VET)
The trader is also following closely supply chain management protocol VeChain against its Bitcoin pair (VET/BTC). VET is on track to hit 0.0000027 BTC, worth about $0.11 at time of writing, says Van de Poppe.
“Still following the path on Vechain.I’d like to see it hold green but also crack above 220 sats ($0.08) to trigger continuation to 270 sats (0.0000027 BTC).”
I'd like to see it hold green but also crack above 220 sats to trigger continuation to 270 sats.
If 220 sats can't flip for support, then we might even see 155 sats before reversing. pic.twitter.com/weiJGuktTw
— Michaël van de Poppe (@CryptoMichNL) July 28, 2021
Quant (QNT)
Next on Van de Poppe’s list is interoperable blockchain technology Quant (QNT). The trader says that Quant is flashing bullish signals against Bitcoin (QNT/BTC), and he expects the pair to rally as long as it holds support at 0.0022 BTC, worth about $87.72.
“Very bullish chart and a nice continuation of the trend here. I’d like to see 220K sats (0.0022 BTC) hold for support. If that happens, then probably continuation can happen to 390K sats (0.0039 BTC or $155).”
— Michaël van de Poppe (@CryptoMichNL) July 26, 2021
Kava (KAVA)
Van de Poppe is also looking into decentralized cross-chain money market Kava in its Bitcoin pair (KAVA/BTC). KAVA/BTC is gearing up to breach resistance at 0.000144 BTC ($5.42) and target the next resistance zone at 0.00023 BTC ($9.13), representing an upside potential of nearly 60%, says the trader.
— Michaël van de Poppe (@CryptoMichNL) July 26, 2021
Swipe (SXP)
Finally the analyst covers SXP, the native digital currency of Jack Mallers’ payments platform Swipe. According to Van de Poppe, SXP is likely to pull off a 57% move to the upside after breaching resistance at $1.65.
“Swipe breaking upwards, after a beautiful bounce from a heavy support zone. Flipping the red area and continuation is likely to $2.25 and $2.60.”
#Swipe breaking upwards, after a beautiful bounce from a heavy support zone.
