Master analyst and crypto trader Michaël van de Poppe draws attention to the series of highlights in the altcoin market. The analyst explains the altcoins that he believes will surpass the padolles in the biggest altcoin season ever.
Michaël van de Poppe: There are altcoins ready to outperform bitcoin!
World-renowned analyst Michaël van de Poppe tells 74,000 YouTube subscribers in a new video that altcoins are poised to outperform Bitcoin significantly in the coming weeks. Michaël van de Poppe adds the following to his comments on the subject:
Altcoins perform much better than Bitcoin, as Bitcoin will likely form a range-dependent structure and altcoins will do well in these months.
Michaël van de Poppe tells investors that as a frenetic altcoin season approaches and Bitcoin ranges increase, it’s important to look for projects that have not yet recovered. For example; The analyst talks about the distributed web protocol Holochain (HOT), which hit an all-time high of $ 0.031 in early April.
Michaël van de Poppe: Holo will count in mid-June!
While Michaël van de Poppe believes Holo will give back if we paddle again, he predicts his second rally will take place later in the next wave of the altcoin season, possibly mid-June. Michaël van de Poppe adds the following to his comments on the subject:
Am I assuming we will have a new cycle for altcoins? Yes. Am I assuming that tokens like Holo tokens will make another rally? Yes, sure, but I’m assuming we’ll make this breakout later. I think we will move a little more sideways, and then these other altcoins are starting to accelerate as these non-rally altcoins experience new padols.
Michaël van de Poppe: Swipe (SXP) and Tellor (TRB) will act in the short term!
The two cryptocurrencies that the analyst says will likely act in the short term are the smart wallet asset Swipe (SXP) and the oracle project Tellor (TRB). While Michaël van de Poppe pointed out that Swipe has a lot of reverse potential, with an 80% drop from its high level in the Bitcoin pair (SXP / BTC), “Tellor’s technical analysis (TA) also looks strong and will likely begin to expand and accelerate. “There hasn’t been a bull cycle yet for the asset,” he said.
As for Bitcoin, Michaël van de Poppe adds that if the asset breaks the $ 58,000 resistance zone in one go, it will rise in the short term. However, the analyst says this scenario is unlikely and will watch the leading cryptocurrency retest $ 46,500 as support and establish a range-bound structure over the next month.
Here are the successful predictions of veteran analyst Michael van de Poppe
World-renowned analyst Michael van de Poppe accurately predicted the altcoin season in the first quarter of 2020. In addition, the veteran analyst reported before the decline of Bitcoin in the past years. In addition to these, the analyst has also achieved a high success rate in crypto money predictions in the past months. The analyst correctly predicted the market crash on February 22nd. Michael van de Poppe also correctly predicted Bitcoin’s decline of up to $ 50,000 in March. Apart from these, the analyst has other successful cryptocurrency predictions.