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

Cosmos (ATOM), Curve (CRV) and One Additional Altcoin Are Set To Rally, According to Crypto Analyst Michaël van de Poppe

by Daily Hodl Staff
December 22, 2021
in Altcoins

A popular crypto analyst and trader is sharing his 2022 outlook after the markets witnessed a steep correction in recent weeks.

In a new strategy session, Michaël van de Poppe tells his 156,000 YouTube subscribers that he’s eyeing a trio of altcoins that have the potential for big breakouts next year.

The trader says he’s been building up his portfolio with assets that he believes are undervalued, starting with decentralized parallel blockchain network Cosmos (ATOM).

“The first one is ATOM, which is currently showing strength in the price action but has been seeing some cycles that are important to look at.

In this case, we’ve had a beautiful run at the beginning of 2021. We’ve had a harsh correction [starting in May] which got towards a beautiful retest.

When we’re looking at the current price action, we’ve had a beautiful run as well, and we’ve had a very harsh corrective move which results in a beautiful retest happening once again.”

Looking ahead to what’s in store for ATOM’s valuation, Van de Poppe cites the 1.618 Fibonacci extension as he plots out a run to $60 and going possibly as high as $100.

“The chances are that we’re going to face ourselves a new run towards the 1.618 Fibonacci in the first run upwards, which might bring us towards $60.

But if we use the entire move previously, which might bring us towards $67, or even the next one joining the $100 category.”

Cosmos is currently surging, with the price of ATOM up 21.3% on the day and trading at $27.96.

Next up is decentralized exchange (DEX) and automated market maker protocol Curve DAO Token (CRV). The analyst cites higher lows and higher highs as a reason to be excited about the altcoin’s future price action.

“[CRV] is currently leading up towards a big breakout, given the fact that we’ve just been witnessing a beautiful retest… after a big run already.

We’re constantly making higher lows, higher highs, which might bring us a result that we’re going to have an acceleration into price discovery for Curve.”

CRV is also on a run today, having ripped higher by 17.2% to $5.09, at time of writing.

The crypto analyst concludes his altcoin focus by looking at SUSHI, the native token of Ethereum-based DEX SushiSwap.

Van de Poppe notes that after seeing SUSHI’s price fall by a drastic 80%, he’s interested in taking a position.

“We are currently facing a beautiful retest for SUSHI. I think the moment that it breaks above this level that we have [the $4.64 to $6.19 range], then $6.25 to $7 is going to be the actual trigger.

I think if this one breaks at $7.35, actually, we’re going to see a new expansion when it comes to SUSHI.”

The price of SushiSwap is also currently in the green, with the altcoin up nearly 9% on the day to $5.93.

I

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/Dmitriy Rybin

Submit a Press Release

Industry Announcements

  • 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
  • Metaverse, Web 3.0 Disruption and Blockchain Advancement To Be Discussed at MetaWeek in Dubai
    August 11, 2022
  • DeFiChain Community Brings Attractive Rewards for DFI ERC-20 Pairs on Uniswap
    August 8, 2022
  • Bware Labs Announces the Blast Incentivized Testnet, Code-Named Houston
    August 8, 2022
  • Aurigami Collects $12 Million War Chest To Grow Aurora-Based Lending Protocol
    August 2, 2022
  • Impel Adds Bitcoin to ISO 20022 Financial Messaging on XDC Network
    August 2, 2022
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$24,236.49
$24,236.49
0.85%
Ethereum
$1,909.96
$1,909.96
2.33%
Cardano
$0.564024
$0.564024
1.83%
XRP
$0.377542
$0.377542
0.52%
Dogecoin
$0.079643
$0.079643
1.82%

Spotlight

  • Bitcoin (BTC) Alternative Explodes More Than 150% As Crypto Project Details New Developments
    August 8, 2022
  • Bitcoin and Crypto Markets Pop As CPI Data Shows Peak Inflation Reversal
    August 10, 2022
  • California Financial Regulator Slaps Crypto Lender Celsius With ‘Desist and Refrain’ Order Amid Bankruptcy
    August 12, 2022
  • Cryptocurrency Advocacy Group Says Regulators Overstepped Authority by Sanctioning Tornado Cash
    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