Widely followed crypto analyst Michaël van de Poppe is offering his outlook on four top-100 altcoins by market cap.
Starting with XRP, Van de Poppe tells his 614,800 Twitter followers that XRP must turn its current resistance level of $0.33 into support before it can move higher.
“XRP
Starts to look better, but has to flip $0.33 for continuation.
Then, I think even $0.43 is next.”
XRP is trading for $0.329 at time of writing.
Next up is Ethereum (ETH) scaling solution, Polygon (MATIC).
Van de Poppe says MATIC has the potential to go up by over 20% from the current price.
“MATIC
Expecting continuation towards $0.65 from here and it’s looking quite good.”
Polygon is trading for $0.52 at time of writing.
The crypto trader says Cardano (ADA) could surge once it hits the $0.48 level.
“ADA Party time trigger is at $0.48. Until then, still resting on support.”
Cardano is trading for $0.46 at time of writing.
The crypto trader winds up his analysis with the native token of scalable smart contract-enabled blockchain, Fantom (FTM).
Van de Poppe says he expects FTM to continue on its upward trend and possibly rally over 60% from its current level.
“FTM Expecting continuation on this one to be happening here. Looking at $0.44-0.53 possibly.”
Fantom is trading for $0.26 at time of writing.
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The post Top Crypto Trader Reveals Outlook for XRP, Polygon (MATIC), Cardano (ADA), and Ethereum Challenger Fantom (FTM) appeared first on The Daily Hodl.