Top Analyst Says Traders Are Sleeping on Several Altcoins, Unveils Ethereum, Cardano, Litecoin and Chainlink Price Targets
Widely-followed crypto strategist Michaël van de Poppe is revealing his upside price targets for Cardano, Litecoin, Ethereum, and several other altcoins.
In a fresh tweetstorm, Van De Poppe provides his bullish targets for four large-cap crypto assets, plus sharding-focused protocol Zilliqa (ZIL).
“Can Litecoin (LTC) reach $700?
Can Cardano (ADA) reach $5?
Can Chainlink (LINK) reach $100?
Can Ethereum (ETH) reach $5,000?
Can Zilliqa reach $1?
I think yes.”
Based on his analysis, Van de Poppe also reasons that Cardano is eyeing a new 2021 high against Bitcoin (ADA/BTC).
“Cardano following the path and is likely going to have a fresh impulse wave soon too.”
Van de Poppe says while Dogecoin (DOGE) continues to make headlines and grab traders’ attention, opportunities in Stellar Lumens (XLM) and 0x (ZRX) are hiding right in plain sight.
“People are focused on coins like DOGE, while coins like XLM and ZRX are eager to break out and not in the spotlight.”
The closely-followed analyst says XLM has the juice to reach $2.00, and predicts enormous rallies in four other under-the-radar altcoins as well.
Van de Poppe believes oracle platform DIA is set to increase by more than 1,000%, from its current price of $4.59 to $50. Swipe Wallet’s native SXP could also rally by more than 1,000% predicts the trader, increasing from $4.87 at time of writing to $50 as well.
Blockchain technology network Icon (ICX) could also rally by over 270% from its value of $2.69 to $10 and decentralized supply chain tracker VeChain (VET) could increase by more than 350% from $0.22 to $1 predicts Van de Poppe.
The analyst adds that XRP will likely make a move after DOGE lends back some of its spotlight to other crypto assets.
In addition, Van de Poppe has his eye on Wanchain (WAN), a blockchain infrastructure network that aims to connect and exchange value between different blockchain ledgers. According to him, WAN has turned a previous resistance level into support and is ready to make new highs against Bitcoin.
“WanChain is also consolidating nicely after a beautiful S/R flip and therefore looking ready for continuation.”
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The post Top Analyst Says Traders Are Sleeping on Several Altcoins, Unveils Ethereum, Cardano, Litecoin and Chainlink Price Targets appeared first on The Daily Hodl.
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Author: Daily Hodl Staff
