Analyst and trader Michaël van de Poppe is laying out his predictions and targets for four crypto assets.
Starting with Ethereum (ETH) scaling solution Polygon (MATIC), Van de Poppe tells his 580,800 Twitter followers that the crypto asset is “getting close to a long.”
When paired against Bitcoin (BTC), the crypto analyst and trader says that he is eyeing a purchase of MATIC at the 0.00003184 BTC level.
Next up is the supply chain management blockchain VeChain (VET).
When paired against Bitcoin, Van de Poppe says that he would be interested in VET at slightly above the 0.00000149 BTC level if the bullish divergence is not invalidated.
“VET – Bullish divergence is still valid and through that, I’d be looking to buy the dip in the green zone.
I think we’re having more upwards momentum, as long as that region holds.”
The cryptocurrency analyst and trader next examines the blockchain indexing protocol The Graph (GRT). When paired against the US dollar, Van de Poppe warns that GRT could fall further after experiencing a strong rejection at a key resistance level.
“GRT – This one is looking harsh with that rejection, but that’s just the entire market.
Preferably, the region around $0.40 you’d want to see a higher low being constructed.
If that level doesn’t hold, I’m expecting another test of the lows.”
Van de Poppe is also examining smart contract-enabled blockchain Harmony (ONE).
The crypto analyst and trader says that he would only be interested in taking a long position of the native token of the proof-of-stake blockchain if ONE falls further when paired against Bitcoin.
“ONE – Needs to go down a bit more before I’m interested in longing this one, I think.”
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Source: https://dailyhodl.com/2022/04/08/heres-what-next-for-polygon-matic-vechain-vet-and-two-other-altcoins-crypto-analyst-michael-van-de-poppe/