A widely followed crypto analyst says one blockchain oracle built on Ethereum (ETH) is poised for a bullish flip.
Trgovac Michaël van de Poppe kaže his 618,300 Twitter followers that Chainlink (LINK) could explode from current prices nearing $7 to upwards of $10.
“Chainlink looks ready for $9.50-10.00, and there’s not much you can do about that.
Trigger if flip happens.”
Diving deeper into ETH, the crypto analyst kaže he would be looking for shorts on the leading smart contract platform at current prices, though he sees strength in the upcoming Merge.
“Technically speaking, would be a short entry on ETH here.
On the other hand, lots of strength with the merge coming up, so I’d rather want to short with more conviction and confirmations.
Crucial area to hold for ETH is $1,570, if that’s possible, upwards continuation.”
ETH se trguje za 1,562 dolara u vrijeme pisanja.
Van de Poppe takođe misliti interoperability blockchain Polkadot (DOT) has major upside potential.
“Something to look at on DOT.”
DOT se trguje za 7.44 dolara u vrijeme pisanja.
The trader also puts his two cents in on Bitcoin (BTC), explaining what he misliti could happen next.
“Bitcoin facing crucial resistance again.
If that breaks at $23,800, I’m assuming we’ll continue and then $28,000 is on the tables, but we also have a clear breakout above the 200-Week [moving average] confirmed.”
The crypto king is currently trading for $22,941.
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Source: https://dailyhodl.com/2022/07/22/top-ethereum-altcoin-project-appears-ready-for-major-rally-according-to-crypto-analyst-michael-van-de-poppe/