Popular Crypto Strategist Predicts Ethereum Rise (ethereum) Rival Avalanche (Avax) while keeping a close watch on one large digital asset.
Michal van de Poppe tells his 620,800 Twitter followers that AVAX looks poised for a strong rally after hitting resistance at $26.
“Avalanche seems poised to continue here:
A third attack on the $26 high.
Breaking that resistance activates acceleration (stops shorting) on all previous highs.
50-day moving average holdings as support.
target:
$36
$42″
At the time of writing, AVAX is trading at $28.14, up over 4% for the day.
The next altcoin on the trader’s list is the decentralized oracle network Chainlink (Link), Van de Poppe To tell Great opportunity for the long-term bulls.
Chainlink approaches $8.
Much like the accumulation of the BTC and USD pair, I still believe it is a once-in-a-lifetime opportunity.
One of the assets to stock up on for the next bull market, it’s down 85% from its all-time high.
At the time of writing, LINK is trading at $8.46, up more than 8% over the past 24 hours.
Bitcoin is Van de Poppe To tell Bitcoin While still looking bullish, it warns short-term traders that a pullback is within reach.
A short correction is possible, but the trend is still up. Bitcoin’s higher timeframe looks very good.
At the time of writing, BTC is valued at $23,298, up 1.20% over the past day.
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