Tech News, Magazine & Review WordPress Theme 2017
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
The Daily Hodl
No Result
View All Result

These Crypto Assets Are Set To Surge 5-10x, According to Analyst Michaël van de Poppe

by Daily Hodl Staff
June 4, 2021
in Altcoins

Crypto analyst and YouTuber Michaël van de Poppe is spotlighting a set of altcoins that he believes are primed to spark renewed rallies.

Van de Poppe says decentralized finance (DeFi) crypto assets such as lending protocol Aave (AAVE), yield farming platform yearn.finance (YFI) and yield aggregator DFI.money (YFII) appear ready to embark upon massive recoveries after taking a hit during the late-May crypto market correction.

“… The entire DeFi sector is still ready to make a very big break to the upside. And not only YFI, not only YFII, also AAVE is still looking very strong.”

The crypto analyst notes that AAVE has not broken below key support levels on the AAVE/BTC chart at 0.00825 satoshis (sats) and has remained above the critical 100-day and 200-day moving averages (MA).

“[AAVE] is still looking very strong. To see where we can go from here, it’s still above the 100-day and 200-day MA. It’s still holding the crucial level for support as this is the crucial level that AAVE has to hold on to.”

Van de Poppe adds that in addition to the DeFi sector, decentralized oracle networks such as Chainlink (LINK) and Band Protocol (BAND) also seem to be gearing up for a move to the upside.

“…The entire DeFi sector is what you could be looking at for your momentum but also and, I’m still repeating this one, the oracle section.”

Despite the recent market crash, Van de Poppe notes that Chainlink is already showing strength again in its Bitcoin pair (LINK/BTC).

If Bitcoin remains steady and does not make any major moves to the downside, Van de Poppe believes Chainlink could make a move up.

“The more people feel calm about Bitcoin when it starts to grind upwards the easier they’ll start flipping towards altcoins again.

And with Chainlink, you see that already the Bitcoin pair is already back to pre-crash fit levels. What do we see on Chainlink against Bitcoin? We can see that we are currently having the 100-day and 200-day MA as support through which continuation is likely given that we’re just making those higher highs and higher lows.”

In the case of Band Protocol, Van de Poppe predicts that the crypto asset can similarly surge once it overcomes resistance at around the 0.0004 sats level on the BAND/BTC chart.

“With BAND you can see that we still have to make the break above this resistance zone. If we do that and flip it we can start making a similar move.”

l

Don't Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Check Price Action

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

Check Latest News Headlines


 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Dario Lo Presti/Mia Stendal

Submit a Press Release

Industry Announcements

  • Kingdom Quest Launches Token IDO on Poolz
    August 18, 2022
  • W3 Storage Lab Raises $3 Million in Pre-Seed Round
    August 18, 2022
  • Massive Online PFP NFTs Meetup in the Mega World
    August 18, 2022
  • DeFi Yield Protocol (DYP) Anticipates Metaverse Platform Launch With Listings on Coinbase, Huobi and MEXC
    August 17, 2022
  • Former Navy SEAL and Author Willard Chesney Joins CBS SEAL Team Actor Justin Melnick With NFT Collection Release on the ReserveBlock RBX Network, Proceeds To Benefit the Boot Campaign
    August 16, 2022
  • Oraichain Introduces Accelerator Program for DApps Building on Its AI Layer One Ecosystem
    August 15, 2022
  • DAM Finance Receives Strategic Investment From Arrington Capital Moonbeam Growth Fund
    August 11, 2022
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$21,541.77
$21,541.77
8.44%
Ethereum
$1,702.66
$1,702.66
8.88%
Cardano
$0.46843
$0.46843
13.11%
XRP
$0.340492
$0.340492
9.75%
Dogecoin
$0.069541
$0.069541
14.63%

Spotlight

  • Top Analyst Issues Crypto Warning, Says Bitcoin (BTC) and Ethereum (ETH) Showing Signs of Weakness
    August 14, 2022
  • Top Crypto Analyst Warns Ethereum (ETH) Rally Likely To Fail This Month – Here’s Why
    August 17, 2022
  • Ethereum Founder Vitalik Buterin Says Date of the Merge Dependent on Hashrate, Points to September 15
    August 12, 2022
  • Fidelity Macro Expert Says Stablecoins Could Accelerate Bitcoin (BTC) Adoption – Here’s How
    August 15, 2022
Finance Magnates London Summit Banner
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX •
Futuremash •
Industry Announcements

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2022 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EMAIL ALERTS
  • DAILY HODL MIX

© 2022 The Daily Hodl