Closely followed crypto analyst Michaël van de Poppe shared 4 altcoins to follow over the weekend. Price predictions, critical support/resistance levels and long-term expectations are as follows…
Today I'll chart;
Enjoy!
— Michaël van de Poppe (@CryptoMichNL) July 29, 2023
Michaël van de Poppe highlights new opportunities in the altcoin market
ATOM, TRIAS, XCAD, and WLD are the latest coins to be on Poppe’s radar. Worldcoin (WLD), which made a strong exit this week, offers long position opportunities in the $ 2 region, according to the analyst.
Worldcoin (WLD)
Worldcoin, founded by Open AI’s Sam Altman, has lost more than 70% from its July 24 peak. Its price is currently trading in the $2.39 region. Poppe says that if $2.23 is broken, he will look for a long position in the $2 zone.
Request 04 – $WLD
This one looks to be; deviation or continuation of the trend.
Needs to hold $2.23.
If that's lost, then I'll see $2 as a potential long zone (but continuation of downtrend).
Holding here -> $2.50 next. pic.twitter.com/UVMTcCpeKg
— Michaël van de Poppe (@CryptoMichNL) July 29, 2023
Meanwhile, cryptocoin.comAs we reported, crypto analysis company Kaiko analysts predict that the price could trade in the $2 zone in up to 3 months.
XCAD Network (XCAD)
XCAD, which is ranked 331st by market value, drew attention with its superior performance this week. XCAD is currently printing double digit earnings in all timeframes.
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In the latest case, XCAD is trading in the $1.40 region, where it is up 8% from the last 24 hours. According to Poppe, after the $1.5 and $2 resistances, the next target will be the 4-6 region. According to their analysis:
The massive uptrend at the lows indicates that we are reversing the trend. The price has risen more than 2x since then. The first real resistance is at $1.50. After $2, $4-6 will be next.
Request 03 – $XCAD
Massive bullish divergence at the lows implying we were reversing.
Since then, more than 2x. Congrats.
First real resistance at $1.50.
Take out $2 and this boy can run to $4-6. pic.twitter.com/kE8dupjXnk
— Michaël van de Poppe (@CryptoMichNL) July 29, 2023
Trias Token (TRIAS)
TRIAS was one of the lesser-known altcoin projects on Poppe’s radar. Its price is currently trading at $3.86, up 4.5% on the day. According to the analyst, the next target of the bulls will be $4.50. Poppe says the technical chart continues to give bullish signals:
My game plan for TRIAS is simple. I expect a big bounce from long-term support. A retest around this area will be a trigger towards $4.50. There is still an uptrend in terms of continuation of the uptrend.
Request 02 – $TRIAS
The gameplan for me would be simple.
Great bounce from HTF support.
Retest around that area (or sweep) would be a trigger towards $4.50.
Still bullish in terms of continuing the upwards trend. pic.twitter.com/zB01DTGKOP
— Michaël van de Poppe (@CryptoMichNL) July 29, 2023
Cosmos (ATOM)
ATOM, one of the notable names on the list, accompanied the market trend throughout the week. Unlike the above altcoins, it continued its sideways movements in all time frames. Its price is currently trading above the $9 zone. Poppe says of the next opportunities:
I’m interested over $10.50. Also, I would like to take a long position at $8.
Request 01 – $ATOM
This is pretty simple.
I'm interested above $10.50.
Further, I'd want to long at $8.
In between I'm not interested. pic.twitter.com/QPRfYZpEKo
— Michaël van de Poppe (@CryptoMichNL) July 29, 2023
Poppe also included predictions that excited crypto investors. He mentioned that the next bull market is imminent and current levels are opportunities:
Get ready for the upcoming bull cycle. It will be super fast and it can change your life. Keep learning, improve your skill game, combine your earnings and money and get the most out of it.
Be ready for the upcoming bull cycle.
It will go super quick and can change your life.
Continue to learn, improve your skill game, compound your gains and your money and you can make the most of it.
— Michaël van de Poppe (@CryptoMichNL) July 29, 2023