Analyst Michal van de Poppe Predicts Sharp Rallies for Cardano, Binance Coin and Two Additional Altcoins

Widely followed crypto strategists say they expect to witness a bullish continuation of Cardano (ADA), Binance (BNB), and two additional crypto assets.

Analyst Michaele lvande Poppe told his 615,800 Twitter followers that the smart contract platform Cardano needs to get rid of immediate resistance at $ 0.47 to ignite the next leg.

“It looks like we’re ready to continue because of the reversal of resistance to support in the $ 0.46 region. We need to confirm the same at the $ 0.47 level. , Suitable for acceleration. We are aiming for $ 0.55 as the next region. “

At the time of writing, Cardano is exchanging hands for $ 0.46.

Next is BinanceCoin, a utility token for crypto exchange Binance. With BNB currently trading at $ 231, Van de Poppe says it’s waiting for its fifth-largest crypto asset to reconsider its immediate support.

“This is working. We reversed the $ 215 level for support and continued the momentum. There is no resistance until $ 255- $ 260. If it exceeds $ 240, I see $ 215 again. Will be. ”

Another altcoin for analyst radar is Cosmos (ATOM), a blockchain ecosystem designed for both scalability and interoperability. Van de Poppe says it expects ATOM to maintain its short-term uptrend up to $ 12.

“It’s going well so far. It’s on the rise and we need to keep above $ 8.50 to avoid a breakdown. If that happens, we’ll probably continue towards $ 10, and in some cases $ 12. Probably. “

At the time of writing, Cosmos was changing hands at $ 8.84, representing a potential increase of more than 35% against the Van de Poppe target.

The last altcoin on the trader’s radar is Ethereum’s rival Harmony (ONE), and Van de Poppe says it has risen nearly 20% from its current price in the short term.

“It looks like any other market, but here we expect to continue towards $ 0.025. If you have $ 0.02, the time is right.”

At the time of writing Harmony It is worth $ 0.021, down more than 8% on the day.

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Featured images: Shutterstock / 4kstock / Mingirov Yuriy