Popular Crypto Analyst Michael Van de Poppe Predicts Rise in Chainlink (LINK), Polkadot (DOT), Binance Coin (BNB), Cosmos (ATOM) and SKALE (SKL) doing.
In a new YouTube strategy session, Van de Poppe To tell His 163,000 subscribers Chainlink is likely to rally after the decentralized oracle network initially slumps as much as 20%.
“We will probably see a case where something like Chainlink bottoms out around $4.50 to $5. I think it’s really close.And there will be a relief rally sometime in 2023 [about $17]”
At the time of writing, Chainlink is trading at $5.62.
He then says that Polkadot could surge up to 432% from its current value of $4.51 at the time of writing.
“I think one of the assets to add to the portfolio will definitely be the Polkadot. Given the fact that the Polkadot pretty much brings the rally towards the levels we have here. $16 to $24.”
Van de Poppe said Cosmos is already on the rise and will likely continue to do so.
“We did this retest at the highs. We ran to the highs and now we’re consolidating again. I think it cracks the highs again. [at $25.97] A kind of run-up is done towards this block [up to about $35.00] As a relief rally, much like we saw in 2019 and 2020. ”
At the time of writing, Cosmos is trading at $10.10.
He then goes on to say that crypto exchange Binance’s native token is supported at current price levels. Looking at van de Poppe’s chart, BNB predicts that he will surge to $400 by June.
We are entering the $233 support level. If Bitcoin doesnt drop much at this point, I believe its not a bad case to have the largest exchange in your portfolio. Even when you’re trying to turn things around, you’re the bigger winner.”
At the time of writing, BNB is worth $245.71.
Finally, SKALE will continue to move higher once it breaks the critical price level of $0.0250, he said.
Once the price starts to break out of $0.025, it will break all these highs and start moving up sharply. [$0.200]So basically if you put that in a small portfolio, it could be 8x to 12x over the course of the year. ”
At the time of writing, SKALE is trading at $0.0211.
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