Renowned crypto trader Michaël van de Poppe is drawing attention to the bullish outlook for several altcoins, including XRP, Chainlink (LINK), and Polygon (MATIC). With a substantial following on Twitter, Van de Poppe is sharing his insights with over 660,300 followers, outlining potential price movements for these digital assets.
Starting with XRP, the cross-border payments solution, Van de Poppe suggests that a deeper pullback may occur around the $0.65 mark before the coin regains its bullish momentum. According to the analyst, a subsequent rally following the dip could propel XRP’s price as high as $0.90. Van de Poppe identifies the range of $0.65-$0.69 as an area of interest for scalpers. As of the time of writing, XRP is valued at $0.72.
Moving on to Chainlink, a decentralized oracle network, Van de Poppe predicts a significant surge in LINK’s value after the altcoin has successfully recovered support at $6. With the condition that Chainlink remains above this level, the trader’s chart indicates the potential for LINK to rally as high as $16. At present, LINK is trading at $6.92.
Lastly, the analyst focuses on Polygon, a blockchain-scaling solution. Van de Poppe suggests that MATIC may experience a dip to approximately $0.75 before embarking on its next upward movement. He identifies two areas of interest for potential entry points: an aggressive approach at $0.79-$0.80 and a more conservative approach at $0.75. Van de Poppe emphasizes that the upward momentum of MATIC is likely to continue. As of now, MATIC holds a value of $0.798.
These projections from Michaël van de Poppe offer insights into the potential bullish scenarios for XRP, Chainlink, and Polygon. It is important to note that market conditions can change rapidly, and investors should conduct their own research and exercise caution when making trading decisions. The cryptocurrency market remains volatile, and prices can fluctuate significantly.
