Analyst Says Ethereum, Polkadot, and Four Other Crypto Assets Are Altcoin’s Best Picks for Accumulation CryptoGlobe

A popular analyst says he has his radar locked on a number of altcoins that top his accumulation list, including Ethereum (ETH) and Polkadot (DOT).

Michaël van de Poppe, crypto strategist recount his 624,700 Twitter followers that he believes crypto markets are giving long-term buyers the opportunity to accumulate digital assets at deeply discounted prices.

In addition to leading the Ethereum smart contract platform and the Polkadot interoperability chain, Van de Poppe says he is currently accumulating Cosmos (ATOM), an ecosystem of blockchains designed to evolve and communicate with each other.

The crypto strategist also says he has his eyes set on SKALE (SKL), a blockchain network that aims to enable developers to build and deliver decentralized chains that are fully compatible with Ethereum, as well as Mina Protocol (MINA), a project designed to speed up the blockchain identification process.

Taking a closer look at Ethereum, Van de Poppe predicts in a new strategy session that ETH must maintain its immediate support to eventually trigger a rally towards its target above $2,000.

“Obviously you want to see it test around $1,450-$1,475. If that holds, we can continue. You want to see a crack of $1,685.

Source: Van de Poppe/YouTube

Looking at the Van de Poppe chart, the analyst predicts a potential rally for Ethereum to $2,225. At the time of writing, ETH is trading hands for $1,556.

When it comes to Bitcoin (BTC), Van de Poppe claims that the crypto king is currently trading in a tight range in the lower range between $19,000 and $20,600.

“Technically you want to see it hold above this area here ($19,800)… If we lose $19,800-$20,000 we’ll probably sweep the lows here ($18,900). And then the question will become if we get a very high volume candle liquidity hold, then we immediately reverse, then we can move to the other side of the range ($20,600).

If BTC were to hit $20,600, Van de Poppe predicts a breakout rally to $22,000.

At the time of writing, BTC is valued at $19,866.


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#Analyst #Ethereum #Polkadot #Crypto #Assets #Altcoins #Picks #Accumulation #CryptoGlobe #Crypto

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