Van de Poppe Shares His Price Predictions For SHIB, LUNA & 3 Small-Cap Altcoins
A top cryptocurrency analyst and and trader Michaël van de Poppe is shares his price predictions for Shiba Inu (SHIB), Terra (LUNA) and three small-cap altcoins.
Shiba Inu (SHIB)
The analyst shared with his 486,300 followers on Twitter that the meme coin Shiba Inu remains on a downtrend as it continues to print lower highs and lower lows.
“If Bitcoin isn’t going to show strength, I won’t be surprised to see some retests at $0.000043 taking place or even $0.000035.”
The second coin on Van de Poppe’s list is decentralized finance (DeFi) payment network Terra (LUNA), which according to him is forming a bearish rising wedge structure on decreasing volume.
“The crucial level to hold is $43-$44 and otherwise, we’ll drop towards $26-$28 on this one, depending on Bitcoin. If it breaks upwards, the next target is $60-$63 based on Fibonacci.”
Next up is hybrid blockchain Kadena (KDA), which has made a “giant move,” according to Van de Poppe. The analyst is waiting for KDA to bottom out at $21.22 or $15.72.
“Giving some points of interest in the chart here where I’d personally be seeking for entries.”
The last altcoin the analyst is looking into is high-throughput blockchain Zilliqa. Its native token ZIL should clear its immediate resistance against Bitcoin (ZIL/BTC) around 0.000002 BTC to spark a massive rally.
“I’m heavily interested in the green zone here as I think that could give 300-700% returns in the next impulse move.”
