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Popular crypto strategist Michaell van de Poppe says he expects a handful of altcoin surges.
Van de Poppe tells his 616,600 Twitter followers that Binance and BNB, which powers the smart contract platform BNB chain, are doing well after breaking resistance at $ 240.
“We held the area again for about $ 216. Above $ 240, we expect to maintain momentum towards $ 270.”
At the time of writing, Binance Coin has risen more than 5% on the day to exchange hands for $ 249.
Next is the Ethereum (ETH) scaling solution Polygon.
According to Van de Poppe, MATIC is also showing strength, and any move beyond its immediate resistance should cause a 38% rise from current prices.
“Breakout above $ 0.73 = next target is $ 1.”
Polygon is trading at $ 0.72 and has been 5% green in the last day.
Another altcoin on Van de Poppe’s list is the decentralized exchange protocol THORChain, which he says is preparing for a fairly large rally.
“It looks like it’s ready to continue, but at this point we need to flip $ 2.50. If so, I think it’s going from $ 3.30 to $ 3.50.”
At the time of writing, THORChain is worth $ 2.23. The transition to Van de Poppe’s goal shows a potential of over 56%.
The last coin of the trader’s radar is the smart contract platform Fantom. Van de Poppe states that the FTM could be slightly pulled back to $ 0.24 before starting the next leg.
“It looks like we’re seeing some lower tests, but two triggers have occurred with a goal of $ 0.34.”
At the time of writing phantom Has exchanged hands for $ 0.25 and has increased by more than 3% in the last 24 hours.
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Featured images: Shutterstock / wacomka / Andy Chipus
