Crypto Analyst Predicts Breakout for Polygon (MATIC), Says Zilliqa (ZIL) and One Low-Cap Altcoin Flashing S… – The Daily Hodl

A widely followed crypto strategist and trader is eyeing possible rallies for a trio of altcoins including Polygon (MATIC) and Zilliqa (ZIL).

Crypto strategist Michal van de Poppe tells his 602,900 Twitter followers that blockchain scaling solution Polygon is in a position for a breakout as long as it stays above its immediate support area.

This one Im looking to see support sustain around $0.59. If it cracks the $0.70 barrier, gates are open for a move. Great fundamental news, so would be watching this one for movements. If $0.59 lost -> $0.45 a target long area.

At time of writing, MATIC is changing hands for $0.64.

Next up is Zilliqa, a blockchain designed for enterprise solutions. According to Van de Poppe, ZIL is showing signs of strength as it trades within a narrow range.

Good build-up here and consistent range. Looking to see whether $0.05 sustains support. If so, Im expecting a run towards $0.062-$0.067 as possible.

ZIL is trading for $0.051 at time of writing, up nearly 3% in the last 24 hours.

The last coin on the traders radar is XCAD, the native utility token of non-fungible token marketplace XAcademy Network. Van de Poppe says that XCAD looks bullish, and hes waiting for a pullback before placing long positions.

This one is showing strength, and Im expecting this one to continue doing well with all the updates coming up. Definitely on my watch. Further, I wont be chasing a long here. Would be seeking around the $2.50 area.

XCAD is currently valued at $3.88, up over 27% in the past day.

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Crypto Analyst Predicts Breakout for Polygon (MATIC), Says Zilliqa (ZIL) and One Low-Cap Altcoin Flashing S... - The Daily Hodl

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