5 Altcoins Ready to Rally at Start of New Bitcoin Bull Run Phase, Crypto Analyst Michal van de Poppe Says

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Crypto analyst Michal van de Poppe names five altcoins he hopes to perform well as the digital asset market gears up for a new phase in the bull cycle.

In a new strategy session, the trader tells his 144,000 YouTube subscribers that he is keeping a close eye on Cosmos, a project dubbed “the internet of blockchains”. Van de Poppe says he is considering a wide range for Cosmos against Bitcoin (ATOM / BTC) where the pair could bottom out.

“All this region that we have here [0.00045 BTC – 0.00037 BTC worth $29.19 – $24] is definitely what I’m looking for in the coming period for a potential entry point.

The second altcoin on Van de Poppe’s radar is the decentralized Chainlink Oracle network. According to the crypto analyst, Chainlink is still in a downtrend against Bitcoin (LINK / BTC), but he expects the pair to trigger a rally early next year.

We might conclude that we are coming to the end of this correction period where we might want to break this one and reverse some levels before we start continuing.

The moving averages come into play at this point as well, resulting in this sideways action, but once we reverse the moving averages this is definitely the one I want to buy.

Next up is Curve, the governance token of Curve Finance, a decentralized exchange focused on stable currency (DEX). The trader says that Curve is showing some strength against Bitcoin (BTC / CRV), but the pair needs to exit resistance at 0.0001 BTC ($ 6.49) for further bullish pursuit.

The fourth on Van de Poppe’s list is the Aave Lending and Borrowing Protocol. Crypto strategist says AAVE / BTC is at resistance from the start of a massive rally.

“If we get past this one (0.005690 BTC valued at $ 367.89) I would expect acceleration to the highs here (0.01 BTC valued at 646.56), most likely towards the other side of the range. We’ve seen it happen before.

The latest altcoin the analyst is looking at is the VeChain supply chain management (VET) blockchain. Van de Poppe says VeChain is still in a downtrend against Bitcoin (VET / BTC) but could see support at 0.0000015 BTC ($ 0.09) for a possible trend reversal.

“We’re seeing lower highs, lower lows here that I think we want to see a new test happen at these lower bounds. You want to do a new test in this region here before we have an expansion, but certainly a beautiful one that has these cycles before we start to develop into a new cycle.

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