Closely followed crypto analyst Michaël van de Poppe shared 4 altcoins to follow over the weekend. Price predictions, critical support/resistance levels and long-term expectations are as follows…
Michaël van de Poppe highlights new opportunities in the altcoin market
ATOM, TRIAS, XCAD, and WLD are the latest coins to be on Poppe’s radar. Worldcoin (WLD), which made a strong exit this week, offers long position opportunities in the $ 2 region, according to the analyst.
Worldcoin (WLD)
Worldcoin, founded by Open AI’s Sam Altman, has lost more than 70% from its July 24 peak. Its price is currently trading in the $2.39 region. Poppe says that if $2.23 is broken, he will look for a long position in the $2 zone.
Meanwhile, as we quoted as Kriptokoin.com, analysts of crypto analysis company Kaiko predict that the price may trade in the region of $ 2 in up to 3 months.
XCAD Network (XCAD)
XCAD, which is ranked 331st by market value, drew attention with its superior performance this week. XCAD is currently printing double digit earnings in all timeframes.
In the latest case, XCAD is trading in the $1.40 region, where it is up 8% from the last 24 hours. According to Poppe, after the $1.5 and $2 resistances, the next target will be the 4-6 region. According to their analysis:
The massive uptrend at the lows indicates that we are reversing the trend. The price has risen more than 2x since then. The first real resistance is at $1.50. After $2, $4-6 will be next.
Trias Token (TRIAS)
TRIAS was one of the lesser-known altcoin projects on Poppe’s radar. Its price is currently trading at $3.86, up 4.5% on the day. According to the analyst, the next target of the bulls will be $4.50. Poppe says the technical chart continues to give bullish signals:
My game plan for TRIAS is simple. I expect a big bounce from long-term support. A retest around this area will be a trigger towards $4.50. There is still an uptrend in terms of continuation of the uptrend.
Cosmos (ATOM)
ATOM, one of the notable names on the list, accompanied the market trend throughout the week. Unlike the above altcoins, it continued its sideways movements in all time frames. Its price is currently trading above the $9 zone. Poppe says of the next opportunities:
I’m interested over $10.50. Also, I would like to take a long position at $8.
Poppe also included predictions that excited crypto investors. He mentioned that the next bull market is imminent and current levels are opportunities:
Get ready for the upcoming bull cycle. It will be super fast and it can change your life. Keep learning, improve your skill game, combine your earnings and money and get the most out of it.