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Top Crypto Trader Reveals Outlook for XRP, Polygon (MATIC), Cardano (ADA), and Ethereum Challenger Fantom (FTM)

by Daily Hodl Staff
July 8, 2022
in Altcoins, Ripple and XRP, Trading

Widely followed crypto analyst Michaël van de Poppe is offering his outlook on four top-100 altcoins by market cap.

Starting with XRP, Van de Poppe tells his 614,800 Twitter followers that XRP must turn its current resistance level of $0.33 into support before it can move higher.

“XRP

Starts to look better, but has to flip $0.33 for continuation.

Then, I think even $0.43 is next.”

Source: CryptoMichNL/Twitter

XRP is trading for $0.329 at time of writing.

Next up is Ethereum (ETH) scaling solution, Polygon (MATIC).

Van de Poppe says MATIC has the potential to go up by over 20% from the current price.

“MATIC

Expecting continuation towards $0.65 from here and it’s looking quite good.”

Source: CryptoMichNL/Twitter

Polygon is trading for $0.52 at time of writing.

The crypto trader says Cardano (ADA) could surge once it hits the $0.48 level.

“ADA Party time trigger is at $0.48. Until then, still resting on support.” 

Source: CryptoMichNL/Twitter

Cardano is trading for $0.46 at time of writing.

The crypto trader winds up his analysis with the native token of scalable smart contract-enabled blockchain, Fantom (FTM).

Van de Poppe says he expects FTM to continue on its upward trend and possibly rally over 60% from its current level.

“FTM Expecting continuation on this one to be happening here. Looking at $0.44-0.53 possibly.”

Source: CryptoMichNL/Twitter

Fantom is trading for $0.26 at time of writing.

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