Analyst and trader Michaël van de Poppe shared his forecasts and targets for four altcoins. Among the coins that the analyst noted are Polygon (MATIC), VeChain (VET), The Graph (GRT) and Harmony (ONE). Here are the details…
Analyst is waiting for these levels for leading altcoin rivals MATIC and VET
Starting his analysis with Ethereum (ETH) scaling solution Polygon (MATIC), Van de Poppe has over 500 thousand Twitter followers. says its existence is “closer to opening a long position.” Looking at the MATIC pair with Bitcoin (BTC), the crypto analyst and trader says that he is observing a MATIC purchase at the 0.00003184 BTC level. Meanwhile, it is worth noting that Shark Tank star billionaire name O’Leary, as we have also reported as Kriptokoin.com, announced that he saw potential in MATIC in a recent interview.
Following MATIC, Van de Poppe examines VeChain (VET), a network focused on supply chain management. Looking at its parity with Bitcoin, Van de Poppe says that if the bullish divergence is not invalidated, he will be interested in VET if it is slightly above the 0.00000149 BTC level. The analyst stated that the bullish divergence is still valid and thus he will want to buy from the bottom in the green zone. He also stated that upward momentum can be seen as the said region continues.
What are the target levels for The Graph (GRT) and Harmony (ONE)?
The analyst then examines the blockchain indexing protocol The Graph (GRT), warning that GRT could fall further after experiencing a strong rejection at a key resistance level in the USD pair. He points out that GRT has been fiercely rejected, but that is the case across the market as well. Noting that he would like to see a higher low, preferably in the $0.40 region, he says, “If this doesn’t hold, I’m waiting for another test for the lows.”
Van de Poppe also reviews Blockchain Harmony (ONE) with smart contract. The analyst says he will be interested in taking a long position in ONE if the ONE drops further when paired with Bitcoin. “He needs to go a little lower before he opens a long position,” he says.
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