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Seven Low-Cap Altcoins Jostling for Huge Breakouts, According to Trader Michaël van de Poppe

Seven Low-Cap Altcoins Jostling for Huge Breakouts, According to Trader Michaël van de Poppe


Source: Daily Hodle

Prominent crypto trader and analyst Michaël van de Poppe says he’s looking at seven low-cap crypto assets that have to potential to ignite massive breakouts.

In a new tweetstorm, Van de Poppe tells his 303,800 followers that he’s watching the price action of smart contract platform Solana against Bitcoin.

According to the crypto strategist, SOL/BTC is gearing up for a rally to 0.00146 from its current price of 0.00119 for a potential 18.50% gain.

“Absolutely one of the strongest runners recently. I’m assuming the bull phase for this one continues as the critical area for support has held.”

Source: Van de Poppe/Twitter

The second coin on Van de Poppe’s list is data marketplace Kylin (KYL), which he predicts will carve a higher low at $0.80 before rallying over 56%.

“This one is potentially bottomed out, as we see a double bottom construction. This means flipping above crucial moving averages. However, some more consolidation, and we might be ready for $1.25 on this one.”

Next up is smart contract platform Avalanche in its Bitcoin pair (AVAX/BTC). According to Van de Poppe, he expects AVAX/BTC to take out resistance of 0.0008 en route to his target of 0.001 for a 25% increase.

“Bottomed out in the green zone. Probably ready for a new bullish wave once it breaks above the resistance at 80,000 satoshis (0.0008). Next area: 100,000 satoshis (0.001).”

Source: Van de Poppe/Twitter

Another coin on the trader’s radar is supply chain management protocol Vechain, which is positioning to take out a key resistance against Bitcoin (VET/BTC), according to Van de Poppe.

“Quite surprised by the strength. I thought we’d lose the support after so many tests. Still -> lower highs happening here. Has to break above 390 satoshis (0.0000039) for bullish continuation.”

Source: Van de Poppe/Twitter

The fifth coin is decentralized hosting platform Holochain (HOT). The crypto analyst predicts HOT to move down to crucial support before catapulting to $0.0018 for a 125% ascent.

“Might drop towards $0.008, but all in all, full retrace and period of accumulation coming up.”

Source: Van de Poppe/Twitter

Coming in at number six is code-as-a-service protocol BEPRO Network. According to the trader, the BEPRO/BTC pair is heating up as it continues to press against its immediate resistance.

“Breakout above 3,000 – 3,200 (0.00003 – 0.000032) satoshis and continuation is likely to 4,600 (0.000046) satoshis.

Source: Van de Poppe/Twitter

The last coin is crypto-fiat gateway Swipe in its Bitcoin pair (SXP/BTC). Van de Poppe believes that the accumulation phase of SXP/BTC is nearing its conclusion and it is now poised to rally to 0.00035 from 0.000085, representing potential gains of over 385%.

Source: Van de Poppe/Twitter

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The post Seven Low-Cap Altcoins Jostling for Huge Breakouts, According to Trader Michaël van de Poppe appeared first on The Daily Hodl.

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Author: Daily Hodl Staff