Popular crypto analyst and trader Michaël van de Poppe says he’s watching three low-cap altcoins that are presenting “gigantic opportunities.”
In a new strategy session, Van de Poppe says he sees a huge rally on the horizon for decentralized machine learning network Fetch.ai against Bitcoin (FET/BTC).
“What are the chances for Fetch to continue moving, and how far can we go? Actually quite high, given the fact that we’re just making a new higher low here (0.000005 BTC or $0.23) and somewhat a bull flag. But the critical level that we’re holding with this one is based on the fact that we’re holding this weekly block here (0.00000548 BTC or $0.25).”
The crypto strategist says he expects FET to go as high as 0.000027 BTC, worth $1.24 at time of writing, for a surge of over 210% from its current value of 0.0000087 BTC or $0.40.
Another coin on the trader’s radar is scaling platform Celer Network and its Bitcoin pair (CELR/BTC). According to Van de Poppe, CELR/BTC is presenting a “significant opportunity” after the pair’s corrective move from the 2021 high of 0.00000194 BTC or $0.089.
“Buying in this region (0.00000073 BTC or $0.034) has lower downward risk and significant upward risk given the fact that this corrective move is causing a compression and burning events to be squeezed through which a big impulse wave just like the previous period is very likely to be happening.”
The last coin on Van de Poppe’s list is SXP, the native token of payments network Swipe. The trader says SXP must take out its immediate resistance against Bitcoin (SXP/BTC) to have a shot at igniting an uptrend.
“If Swipe is going to make the breaker out of 0.000064 BTC ($2.95), we are most likely seeking for a new higher high, and we’re getting the chance of a new impulse wave to be happening here.”
Above 0.000064 BTC, Van de Poppe predicts that SXP/BTC can surge as high as 0.00013 BTC or $5.98, marking a potential increase of over 100%.
IDon'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
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/Space creator