Trader Updates Outlook on Fantom, the Graph and AI Altcoin Thats Up 530% This Year Here Are His Targets

A widely watched cryptocurrency analyst updates his outlook on Phantom (FTM), The Graph (GRT) and Fetch.ai (FET).

In a new strategy session, Michael van de Poppe To tell His 163,000 YouTube subscribers could jump 50% as Ethereum (ETH) rival Phantom plunges to $0.33.

“$0.65 is level based on higher timeframe. See previous low block here [at $0.51], which is likely becoming a resistance, and we see it here as well. Using order block theory, it is easy to see that this block around $0.48 will have a significant pullback at this point. And in this case, we are most likely to see it too. Candles were fine.

If you don’t get that, you’re looking at $0.38, and you’re looking at $0.33. You are simply buying bounces that can generate 50% more bounces on either swing entry or second across the region. again. ”

Fantom is trading at $0.427 at the time of writing.

Next, traders say that if blockchain index protocol The Graph breaks out of $0.17, it could rise to $0.21.

We made a big move here. We can mark the level again. Here we can mark the level as daily. $0.095 probably provides the best entry for the next swing trade and $0.13 is the most likely, so this is the eventual next trigger, but will generate at least 50% to 80% bounce…

If this trade trigger is at $0.17, it will most likely break through $0.185 and then start targeting $0.20 to $0.21, giving you a 25% to 35% trade. ”

This graph is worth $0.161 at the time of writing.

Finally, Van de Poppe said Fetch.ai’s large run has likely lost momentum and could drop to $0.20. However, if FET continues to perform well, it could continue to climb to $0.90, he said. The FET closed 2022 at $0.094 and on Feb. 8 it rose 527% to its 2023 high of $0.59.

“The fetch is completely mental. We’ve removed all these highs going from $0.06 to $0.60. So this structure could give us these highs here [$0.60], probably in the final stages of executing this Fetch. If the rally continues, we expect it to head towards $0.90. But from $0.20 he could easily correct towards $0.30 and have a buying season there. ”

Fetch.ai is worth $0.41 at the time of writing.

I

Don’t Miss a Beat Subscribe to get encrypted email alerts delivered straight to your inbox

Price action confirmation

Please follow us twitter, Facebook and telegram

Surf The Daily Hodl Mix

Check out the latest news headlines

&nbsp

Disclaimer: Opinions expressed on The Daily Hodl are not investment advice. Investors should exercise caution before making risky investments in Bitcoin, cryptocurrencies or digital assets. Please note that your money transfers and transactions are made at your own risk and you are responsible for any losses you may incur. The Daily Hodl does not endorse the buying or selling of cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. The Daily Hodl participates in affiliate marketing.

Generated image: In the middle of the journey