Crypto trader Michal Van De Poppe charts Ethereum path to $ 20,000, predicts rallies for Chainlink and four Altcoins

[ad_1]

Cryptocurrency analyst and trader Michal van de Poppe plots Ethereum (ETH) price trajectory up to $ 20,000 while also predicting rallies for Chainlink (LINK) and four other altcoins.

The crypto strategist tells his 424,200 Twitter followers that he sees Ethereum following its bull market trajectory in 2017.

“Nice comparison between ETH 2017 and ETH 2021. Had a similar structure in 2017, where it broke south with a 50% correction. Now the same price action is taking place, with a correction of 35%. The path to $ 15,000-20,000 per ETH is still open. “

Source: Van de Poppe / Twitter Source: Van de Poppe / Twitter

The crypto analyst is also bullish on the decentralized Oracle network Chainlink vs. Bitcoin (LINK / BTC). Van de Poppe sees LINK rallying to resistance at 0.0007 BTC, worth $ 29.42 and representing a movement of 27% from its current value of 0.00055 BTC ($ 23.11).

“Chainlink: The most undervalued coin in the top 20. I’m still bullish on this one and the oracles.”

Source: Van de Poppe / Twitter

The next coin on the trader’s radar is Elrond (EGLD), a blockchain platform designed to power distributed applications, enterprise use cases, and crypto transactions. According to Van de Poppe, Elrond is set for a strong rally against Bitcoin (EGLD / BTC) towards its target of 0.008 BTC, worth $ 336.25.

“This one is still one of the first runners. Earlier this year, in February, it was also one of the first plays. Beautiful [support/resistance] to return to. I think we keep that level and have another run for [0.008 BTC]. “

Source: Van de Poppe / Twitter

Then the payment infrastructure platform COTI (COTI), which Van de Poppe says needs to stay above the support at $ 0.48 or $ 0.41 to have a chance to trigger a further increase. of 100%.

“A reversal of either of these two levels and a continuation towards $ 1 is likely.”

Source: Van de Poppe / Twitter

Another coin on the trader’s radar is Harmony (ONE), a blockchain focused on powering a decentralized economy. According to Van de Poppe, Harmony is preparing for a rally of 90% of its Bitcoin pair (ONE / BTC) from its current value of 0.00000368 BTC ($ 0.15).

“Massive [support/resistance] flip and bounce from it here. It’s awesome! Looking at the chase happening, through which we might see a bit more correction before 0.000007 BTC ($ 0.29) is next.

Source: Van de Poppe / Twitter

The last piece on Van de Poppe’s list is the decentralized machine learning network Fetch.ai (FET). According to the crypto strategist, Fetch.ai appears bullish against Bitcoin (FET / BTC) after converting the previous resistance at 0.000014 BTC ($ 0.59) to support.

“Probably ready for 0.00005 BTC ($ 2.10.”)

Source: Van de Poppe / Twitter Don’t Miss a Beat Subscribe to receive crypto email alerts straight to your inbox Follow us on Twitter, Facebook and Telegram Surf The Daily Hodl Mix Check out the latest news. Investment advice. Investors should do their due diligence before making high risk investments in Bitcoin, cryptocurrency, or digital assets. Please note that your transfers and transactions are at your own risk and that any loss you may suffer is your responsibility. The Daily Hodl does not recommend buying or selling cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in Affiliate Marketing.

Featured Image: Creators Shutterstock / Wirestock

[ad_2]