Top Ethereum Altcoin Project Appears Ready for Major Rally, According to Crypto Analyst Michal van de Poppe – The Daily Hodl

A widely followed crypto analyst says one blockchain oracle built on Ethereum (ETH) is poised for a bullish flip.

Trader Michal van de Poppetellshis 618,300 Twitter followers that Chainlink (LINK) could explode from current prices nearing $7 to upwards of $10.

Chainlink looks ready for $9.50-10.00, and theres not much you can do about that.

Trigger if flip happens.

Diving deeper into ETH, the crypto analystsayshe would be looking for shorts on the leading smart contract platform at current prices, though he sees strength in the upcoming Merge.

Technically speaking, would be a short entry on ETH here.

On the other hand, lots of strength with the merge coming up, so Id rather want to short with more conviction and confirmations.

Crucial area to hold for ETH is $1,570, if thats possible, upwards continuation.

ETH is trading for $1,562 at time of writing.

Van de Poppe alsothinksinteroperability blockchain Polkadot (DOT) has major upside potential.

Something to look at on DOT.

DOT is trading for $7.44 at time of writing.

The trader also puts his two cents in on Bitcoin (BTC),explainingwhat he thinks could happen next.

Bitcoin facing crucial resistance again.

If that breaks at $23,800, Im assuming well continue and then $28,000 is on the tables, but we also have a clear breakout above the 200-Week [moving average] confirmed.

The crypto king is currently trading for $22,941.

Featured Image: Shutterstock/GrandeDuc/Dilok Klaisataporn

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Top Ethereum Altcoin Project Appears Ready for Major Rally, According to Crypto Analyst Michal van de Poppe - The Daily Hodl

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