The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • 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 Post
    • Press Release
    • Sponsored Post
    • Advertise
  • 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 Guest Post
  • 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 Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
The Daily Hodl
No Result
View All Result

Crypto Trader Michaël van de Poppe Plots the Path Ahead for Bitcoin, Chainlink and One Low-Cap Altcoin

by Daily Hodl Staff
December 8, 2021
in Altcoins, Bitcoin, Trading

Widely followed crypto strategist and trader Michaël van de Poppe is outlining what’s next for Bitcoin (BTC), Chainlink (LINK) and the low-cap altcoin Verasity (VRA).

Van de Poppe tells his 523,000 Twitter followers that he sees Bitcoin climbing as high as $53,000 before igniting another pullback to around $46,000.

“Bitcoin held the level at $47,800 after breaking beneath, through which the other side of the range was tested. Breakout & now onto next resistance points at $51,600 and $53,600.

Altcoins following.”

Image
Source: Van de Poppe/Twitter

According to Van de Poppe’s chart, the corrective move below $50,000 will allow Bitcoin to retest a key support level and potentially form a local bottom.

Next up is the decentralized oracle network Chainlink, which Van de Poppe says is likely constructing a bottom against Bitcoin (LINK/BTC).

“Chainlink is still following this scenario here.”

Image
Source: Van de Poppe/Twitter

Looking at Van de Poppe’s chart, he expects LINK/BTC to rally from support at 0.0004 BTC ($20.28) to around 0.0008 BTC ($40.56), indicating a potential upside of about 100%.

The crypto trader is also keeping a close watch on Verasity, a decentralized next-generation video-sharing blockchain network that provides video player technology to major publishers and game developers worldwide.

According to Van de Poppe, he sees Verasity correcting in its Bitcoin pair (VRA/BTC) to carve a double bottom pattern at 0.0000007 BTC ($0.035) before igniting its next leg up.

“Massive bounce from VRA here. Looks good, good daily candle as well. The crucial resistance lies around 0.00000095 BTC ($0.048). If that breaks, we’re in for a new impulse run.”

Image
Source: Van de Poppe/Twitter
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/Sergey Nivens/S-Design1689/Vladimir Sazonov

Submit a Press Release

Industry Announcements

  • Yesports Launches the Largest Esports Marketplace for Gaming Expansion Into Web3 Alongside 40+ Partners
    March 21, 2023
  • Metatime Raises $11M in Private Funding To Enhance Web 3.0 Ecosystem
    March 21, 2023
  • Coinfest Asia Is Back in 2023 Carrying the Theme of Web 2.5
    March 20, 2023
  • Poolz Security Incident Prompts Rapid Response and Platform Restructuring
    March 16, 2023
  • Sovryn Introduces Decentralized Bitcoin-Backed Sovryn Dollar To Combat Centralized Stablecoins
    March 16, 2023
  • Partnership Announcement – Oraichain x DoraHacks
    March 16, 2023
  • Wemade Announces Partnership With Space and Time To Power Blockchain and Gaming Services
    March 15, 2023
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$28,369.60
$28,369.60
1.13%
Ethereum
$1,807.12
$1,807.12
2.28%
Cardano
$0.365776
$0.365776
8.7%
XRP
$0.479326
$0.479326
26.57%
Dogecoin
$0.07701
$0.07701
7.13%

Spotlight

  • Brian Armstrong Reveals Coinbase’s 5-10 Year Game Plan As COIN Stock Rallies
    March 14, 2023
  • Trader Who Perfectly Called Crypto Bottom Says New Catalyst Unfolding for BTC
    March 17, 2023
  • Veteran Trader Tone Vays Says He Does Not Want a Repeat of Bitcoin’s 2019 Parabolic Rally – Here’s Why
    March 20, 2023
  • Mysterious Institutional Investor Scoops Up Ethereum-Based Altcoin That Rallied 126% This Year: On-Chain Data
    March 15, 2023
NBX Warsaw 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 | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2023 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 Guest Post
  • 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 Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX

© 2023 The Daily Hodl