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

Here’s What’s Next for Ethereum Rival Fantom (FTM), Polygon (MATIC) and Three Additional Altcoins: Analyst Michaël van de Poppe

by Daily Hodl Staff
January 11, 2022
in Altcoins, Trading

A popular crypto strategist and trader is mapping out what’s next for Ethereum challenger Fantom (FTM), Polygon (MATIC) and three other altcoins.

Michaël van de Poppe tells his 555,100 Twitter followers that Fantom, a highly scalable blockchain for enterprises, is currently trading at a key support level against Bitcoin (FTM/BTC).

“Very simple, it’s seen a big run. Based on that, the first area to look for spot longs is the one we’ve bounced from. Looking very decent.”

Image
Source: Van de Poppe/Twitter

Currently, the FTM/BTC pair is trading at 0.000053 BTC ($2.23), which is hovering just above Van de Poppe’s entry point at 0.00005 BTC ($2.11).

Another coin on the trader’s radar is blockchain scaling solution Polygon. According to Van de Poppe, MATIC still looks bullish despite its recent correction as it continues to print higher highs and higher lows.

“The green zone is a crucial zone to hold. If it breaks above $2.15-$2.20, I’m assuming another bullish run can happen.”

Image
Source: Van de Poppe/Twitter

Next up is blockchain gaming platform Enjin Coin (ENJ), which Van de Poppe says is closing in on two strong support levels after its sharp correction from the all-time high of $4.84.

“Two massive areas of support where I’d personally want to be seeking for longs.”

Image
Source: Van de Poppe/Twitter

ENJ is currently exchanging hands at $2.23. According to Van de Poppe’s chart, the two points of interest are $2.20 and $1.90.

WOO, the utility token of decentralized fintech startup and pool trading platform Woo Network, is also on Van de Poppe’s list. According to the crypto analyst, WOO is threatening to take out a massive resistance and rally against Bitcoin (WOO/BTC).

“This one is building up for a big breakout. Constantly testing the resistance, while creating higher lows. Another break = bullish continuation.”

Image
Source: Van de Poppe/Twitter

The last coin is high throughput blockchain Zilliqa (ZIL). According to Van de Poppe, Zilliqa has managed to take out its immediate resistance against Bitcoin (ZIL/BTC) and now looks poised to print a bullish higher low structure at 0.0000014 BTC ($0.05).

“This one has made a breakout upwards, just like altcoins in December were a great buy (remember ATOM and LINK?).

On an area of support right now, might be a good spot.”

Image
Source: Van de Poppe/Twitter

At time of writing, the ZIL/BTC pair is trading at 0.00000142 BTC ($0.06).

Check Price Action

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

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/Tithi Luadthong/LongQuattro

Submit a Press Release

Industry Announcements

  • Swappi (PPI) Announces First Exchange Listing on BitMart
    July 1, 2022
  • Yield App Joins Forces With Unstoppable Domains To Simplify Web 3.0 Journey
    July 1, 2022
  • ARK Has Introduced a New Blockchain Consensus Technology
    June 30, 2022
  • Cantina Royale Taps Elrond Apes To Boost Its In-Game Cross Chain NFT Collections
    June 28, 2022
  • Saddle Finance Announces End of Lock-Up Period for Its SDL Token
    June 24, 2022
  • NFTs Accessible to All With Launch of Fiat-Focused SIMBA Market
    June 23, 2022
  • Korea Blockchain Week To Hold First Live Event in Seoul After Covid Hiatus
    June 23, 2022
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$19,421.45
$19,421.45
1.6%
Ethereum
$1,100.44
$1,100.44
0.65%
Cardano
$0.449244
$0.449244
3.67%
XRP
$0.316239
$0.316239
2.05%
Dogecoin
$0.066061
$0.066061
2.61%

Spotlight

  • Crypto Analyst Reveals Big Downside Target for Ethereum, Predicts Bitcoin Bottom Scenario
    June 29, 2022
  • Billionaire Chamath Palihapitiya Says Bitcoin Has To Be Regulated Like a Security – Here’s Why
    July 2, 2022
  • Crypto Analyst Warns Sharp Bitcoin Breakdown Appears Imminent – Here’s How Low BTC May Go
    June 28, 2022
  • Top Crypto Trader Warns Bitcoin (BTC) Could Crash Much Lower Than $20,000 – Here’s Why
    June 30, 2022
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