After a healthy correction, Bitcoin price started a new increase above $49,000. After the major, the major altcoins are also gaining pace. Shiba Inu Price He is the highest gainer with an increase of more than 50%. While the price of Ethereum and Cardano is still in the consolidation stage.
Popular cryptocurrency analyst and trader Michael van de Poppe in a new YouTube video has put out rallies for Chainlink and Tezos. He is also planning his primary goals with Cardano and Vecchin.
chainlink (link)
The analyst says that the decentralized network oracle Chainlink (LINK) is mimicking its behavior in the market since late last year when the coin corrected before it exploded to an all-time high above $50.
He says, LINK is looking for support around the $22 and $20 area, the coin is ready to go there, make a higher low, continuation, and another retest, after which it will start moving forward.
According to Van de Poppe, Chainlink could reach $48, which represents a potential gain of more than 77 percent from its current price of $27.
Tezos (XTZ)
Tezos, a smart contract platform, is another currency that traders are interested in. Tezos (XTZ/BTC) appears bullish against Bitcoin (XTZ/BTC) and is on track to meet its target of 0.0002 BTC, or $9.57.
“XTZ may be ready for 0.0002 BTC.”
Cardano (ADA)
In the case of Cardano price, Poppe expects the Ethereum competitor to bottom out at 0.000046 BTC ($2.20) before resuming its upward trend and rebounding to its target of 0.000065 BTC ($3.11).
VeChain (VET)
Poppe feels that supply chain management platform VeChain (VET) has already bottomed at $0.90.
“VET is probably at the bottom.”
