Van de Poppe Predicts Rallies for LINK & XTZ – Bottom Is In For ADA & VET
According to Michaël van de Poppe, a top cryptocurrency analyst and trader we will likely see rallies for Chainlink (LINK) and Tezos (XTZ). He also draws bottom targets for Cardano (ADA) and VeChain (VET).
Chainlink (LINK)
In a recent video, the analyst shared with his 132,000 YouTube subscribers that decentralized oracle network Chainlink (LINK) is mimicking its price action from late last year when the coin corrected before soaring to its all-time high above $50.
“At this stage, I’m assuming we are getting close toward that as well. What is the area that we’re looking at for support? Area around $22, area around $20, readying toward here, making a higher low, continuation, another retest and then we can start continuing.”
The trader expects LINK to climb to $48, which would be 77% gains from its current value of $27.
Tezos (XTZ)
Van de Poppe is also looking into smart contracts platform Tezos, which according to him looks bullish against Bitcoin (XTZ/BTC) and looks ready to hit his target at 0.0002 BTC, worth $9.57.
According to the analyst, the Ethereum competitor Cardano (ADA) will likely touch a bottom at support around 0.000046 BTC, and then continue continue its bull run with next target at 0.000065 BTC.
