Seven Low-Cap Altcoins Jostling for Huge Breakouts, According to Trader Michaël van de Poppe
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.”
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).”
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.”
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.”
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.
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%.
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Author: Daily Hodl Staff