Legendary Analyst Gives 6 Altcoins and Entry Levels to Rally! - Coinleaks
Current Date:November 7, 2024

Legendary Analyst Gives 6 Altcoins and Entry Levels to Rally!

Closely followed crypto analyst Michael van de Poppe announced the levels to watch for 6 altcoins. Here are the details…

Analyst noted these levels for Chainlink and CELR

The analyst says that the decentralized oracle network Chainlink (LINK) and another altcoin are ready to rally. Michaël van de Poppe notes that with LINK’s recent 35 percent rise, “there is more gas in the tank.” He says he’s on track for a potential target of $12, which marks a 37 percent gain from current prices. The analyst uses the following statements:

It’s going according to plan. It’s run 35 percent from $7 to $9.50 and should consolidate as we speak. We should wait for $8 to hold as support and then $12 to be on the board for the potential target.

Also on the analyst’s radar is the layer 2 scaling solution Celer Network (CELR). According to Van De Poppe, CELR is in a clear uptrend with a 30 percent rally remaining. According to the analyst, the trend is upwards as higher lows are constantly being created. The expert points to the $0.0235-0.024 range to hold as support and $0.034 to be seen. The analyst, who also looks at Bitcoin (BTC) in his tweet, states that BTC is in a consolidation model. He says that near the $23,000 area will present opportunities for the bulls.

Four altcoins: RSR, ONE, BNB and LTC next

The analyst also examined four altcoins on request. Among those they reviewed were RSR, ONE, BNB, and LTC. The analyst began his analysis for Reserve Rights (RSR) by saying it’s “difficult”. He says the RSR is currently in support, but $0.0065 or $0.00575 could come into question if the support is lost. While he states that the targets are clear, he thinks it could rise to $0.1 if the support continues.

The expert, who also conveys the levels to be considered for Harmony (ONE), states that ONE shows power. A clear block of orders, according to the analyst, is at 115 Satoshis (Sat). Considering that this is the case, he states that another rise can be seen towards 165 satoshi. He states that the entry levels are between 114-125 Satoshi.

The analyst states that the trend for BNB continues to rise. He says it’s one of the strongest coins moving right now. cryptocoin.com As we have also reported, BNB is the native token of the crypto exchange Binance. According to Michael van de Poppe, stock market coins in general are “great”. He states that the $375 target is next, depending on whether BNB is able to sustain the $295 support.

Finally, the expert says that the trend for Litecoin (LTC) is up. However, it does point to the cryptocurrency’s $65 resistance level. While noting that LTC could rise above $58, he states that it is likely to seek long positions around $60. On the upside, he mentions $75 and $95 as the next levels.