Michaël Van de Poppe Reveals His Top 5 Altcoins To Follow in October
Michaël van de Poppe, a top cryptocurrency analyst and pro-trader reveals his the top five altcoins to follow in October.
Chainlink (LINK)
Van de Poppe shares in a recent YouTube video with his 130K subscribers that he’s closely following the decentralized oracle network Chainlink against its Bitcoin pair (LINK/BTC). The trader says that LINK/BTC is now in an uptrend and could soar nearly 50% from its current value of 0.0005518 BTC, worth $24.07.
“So once we hold this higher low (0.000528 BTC or $23.36) and we start to crawl back up, this resistance is the one that we have to break (0.00066 BTC or $29.20)… Once we break through it, the first real target zone is the area around 0.0008 BTC ($35.39).”
Curve (CRV)
The second coin on the analyst’s list is Curve, the governance token of decentralized exchange Curve Finance (CRV). CRV/BTC pair is ready to up 44% from its trading price of 0.0000601 BTC or $2.62, Van de Poppe predicts.
“What we also do see is that Curve has been seeing this beautiful retest here (0.000049 BTC or $2.17), a beautiful structure in which we’re most likely going to see continuation toward the resistance here (0.000085 BTC or $3.76)”
SKALE Network (SKL)
Elastic blockchain network SKALE is the third altcoin on Van de Poppe’s list. According to him, SKALE is ready for a run-up against its Bitcoin pair (SKL/BTC) in the coming month.
“We are ready for another run toward the high here (0.00001 BTC or $0.44), which is likely going to take place in October.”
The Graph (GRT)
The Graph is platform that indexes and organizes blockchain data, and the fourth coin on analyst’s list. He predicts that The Graph is one resistance away from igniting a 100% rally against its Bitcoin pair (GRT/BTC).
“[The] area to break is the area around 0.0000185 BTC ($0.82). If that one breaks, the entire structure breaks, and we most likely are going to print a new higher high around the area of 0.00003 BTC ($1.33).”
THORChain (RUNE)
The fifth and last altcoin on Van de Poppe list is the decentralized exchange protocol THORChain against Bitcoin (RUNE/BTC). The trader sees RUNE/BTC to consolidate before launching over 2x rally from its current price of 0.0001716 BTC, worth $7.50.
“I’m assuming that we’re going to grant ourselves some slight consolidation, grant ourselves a higher low and then we start continuing. Also, the trend has shifted here: higher high, higher lows. So if we continue to move, this higher high (0.00024 BTC or $10.62) has to be taken out. Then I’m going to look at targets around 0.00031 BTC ($13.72) to 0.00034 BTC ($15.04).”
