Full-time crypto trader and strategist Michal van de Poppe says hes keeping close tabs on five low-cap altcoins that are showing strong bullish signals.<\/p>\n
The analyst, also known as Crypto Michal, says he is watching Celer Network, as he believes the CELR\/BTC pair indicates a significant rally is coming.<\/p>\n
Celer Network is showing a clear volume accumulation, which is showing that people are interested in this asset We see that we are above the 100-day and 200-day [moving average] for the first time since the listing. So were getting into the bull territory for the first time since it has been listed.<\/p>\n
Van de Poppe sees Celer Network possibly climbing as high as 200 satoshis, which is a 140% increase from its current level.<\/p>\n
The crypto trader is also looking at Harmony (ONE\/BTC), which he says has a similar market structure to the CELR\/BTC pair. Van de Poppe says that as long as it holds 73 satoshis, he expects ONE\/BTC to launch a parabolic move en route to 180 satoshis representing an increase of nearly 110% from its current value of 83 satoshis.<\/p>\n
Another coin on Crypto Michals list is TROY (TROY\/BTC). He says that while it is still consolidating, a breakout can take the pair to 100 satoshis, which is a surge of over 70% from its current price of 58 satoshis.<\/p>\n
In addition, the trader is waiting for a pullback on Decentraland (MANA\/BTC). He says the coin broke out of a year-long accumulation. Should it hold 680 satoshis, he believes the crypto can soar to 2,000 satoshis.<\/p>\n
The last coin on the traders list is Algorand (ALGO\/BTC). Van de Poppe is looking to buy on dips as he sees ALGO going as high 5,500 satoshis should it hold 3,000 satoshis.<\/p>\n
Meanwhile, Michal van de Poppe is keeping a close eye on Ethereum (ETH) after going vertical over the last few weeks. He says hes waiting for the second-largest cryptocurrency to significantly correct down to $320 and then $280 before placing long positions.<\/p>\n
Its the same for XRP. The analyst says the third-largest crypto is now ripe for a retracement after a strong push above $0.32. Van de Poppe is eyeing $0.28 and $0.24 as possible levels to take longs.<\/p>\n
As for Bitcoin, Crypto Michal says BTC is now trading around the resistance level between $11,600 and $12,000. He suggests waiting to see if the king crypto converts resistance at $12,000 into support. Otherwise, he is expecting BTC to drop to strong support at around $9,800.<\/p>\n
<\/p>\n
Read the rest here: <\/p>\n
Top Trader Names Five Altcoins Set to Rally, When to Buy Ethereum and XRP, and Whats Next for Bitcoin - The Daily Hodl<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Full-time crypto trader and strategist Michal van de Poppe says hes keeping close tabs on five low-cap altcoins that are showing strong bullish signals. Continue reading