Cryptocurrency strategist and trader Michaël van de Poppe thinks a handful of altcoins are potentially primed for bullish price movements.
The analyst tells his 413,500 Twitter followers that Curve (CRV), the governance token of the stablecoin decentralized exchange Curve Finance, is gearing up for a bullish continuation after it dips to support around $2.40.
“I think that CRV is ready for continuation here as we’re making a bullish S/R [resistance to support] flip here.”
Van de Poppe also says FET, the native asset for the decentralized machine learning network Fetch.ai (FET), is demonstrating a “bullish structure.”
“How beautiful. Shared this one a month ago in the requests. Did hit target point beautifully and retraced. Might be looking at 0.0000125 BTC ($0.53) – 0.0000135 BTC ($0.58) as a potential entry zone.”
Next on the analyst’s list is SRM, the governance token for Serum, a decentralized exchange and ecosystem. Van de Poppe says the asset is trading close to his area of interest against Bitcoin (SRM/BTC) at 0.0001888 BTC or $8.07.
“This one is at a point of interest here, might be a great S/R flip for bullish continuation to be happening.”
Van de Poppe is also hopeful for gains from ICX, the native asset for ICON, a hybrid blockchain platform that allows enterprise blockchains to interact with public blockchains and vice versa. The crypto strategist says he is now looking at key levels for ICON against Bitcoin (ICX/BTC) where the pair might continue its ascent.
“Slightly messy chart here, but it followed the path. Now at resistance. Looking at 0.0000325 BTC ($1.39) for a potential play, if it gets there. Breaking above 0.000053 BTC ($2.27) = 0.00008 BTC ($3.42) next.”
Van de Poppe also says HOT, the native asset for the distributed web protocol Holochain, could be about to launch a 100% surge.
“Looking at a structure like this with a potential 2x run if a flip happens on HOT.”
Last on the analyst’s list is COTI, an enterprise-grade digital fintech platform centered on payments. COTI is trading at $0.29 at time of writing, down from an all-time high of $0.57. Van de Poppe says the asset could be ready to exceed that latter number.
“This one played out nicely here, massive run since the low. Flipping green and we’re ready for all-time highs.”
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/Quardia
