Popular cryptocurrency analyst Michaël van de Poppe predicts strong rises for Polygon (MATIC), Polkadot (DOT) and Phantom (FTM).
Van de Poppe says Ethereum scaling solution Polygon will make a splash after successfully finding support at $1.20:
“Some higher as long as the fundamentals remain as they are now Looks like we’re going to test the levels. In that case, [a] $2 test might be possible.”
At the time of writing, MATIC is changing hands for $1.47.
Another cryptocurrency on Trader’s list is Polkadot (DOT). According to Van de Poppe, DOT could face a 55% rally and resistance at $27.04.
“As long as everything remains normal, we expect this to continue running towards $27 here.”
Polkadot is currently trading at $17, down over 8% in the last 24 hours.
The next coin is the open source smart contract platform Fantom. Van de Poppe predicts a sustained rally for FTM to at least $1.90 after support at $1.25.
“Same view as FTM showing a heavy jump from support. Expect tests to occur at $1.90 and possibly $2.25.”
Phantom is trading at $1.59.
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