Popular crypto trader and market strategist Michaël van de Poppe says three cryptoassets could be next to benefit from the altcoin surge and potentially overtake XRP.
Speaking in a new video, first spotted by Daily Hodl, van de Poppe predicted bitcoin would continue to consolidate around its current price point before making another push to new highs.
What is likely to happen at this point for Bitcoin is quite tricky. We are still acting on support. Most likely, given this falling wedge construction, I would not be surprised if we’re going to see a run towards $39,000 to $40,000 again […] the primary point of the Bitcoin chart right now is that it’s eager for consolidation.
The veteran trader said Chainlink was at the top of his list of altcoins with the potential to reach a new all-time high in the near-term. He pointed to several key prices levels for LINK, including around $18.
In addition to Cardano and Litecoin, Van de Poppe predicted that Chainlink could follow on the success of Polkadot and eventually overtake XRP by total market capitalization.
Van De Poppe continued, saying he was bullish on the altcoins Cosmos (ATOM) and Curve (CRV), which could both undergo pullbacks before turning exponential.
He also indicated the current market was a “warm-up” for an altcoin season, saying “2021 will be a crazy year for crypto.”
Featured Image Credit: Photo via Pixabay.com
Leave a Reply