KOL Michaël van de Poppe is looking for Long points FTM, MATIC and three other altcoins

The famous strategist and trader is predicting what will happen next for ETH rivals FTM, MATIC, and 3 other altcoins.

Michaël van de Poppe says that Fantom, a highly scalable blockchain for businesses, is currently trading at major support against Bitcoin.

“Very simply, it was a big run. Based on that, the first area to look for a long is where the price has bounced. Looks good.”


The source: from the Poppe

Currently, the FTM/BTC pair is trading at 0.000053 BTC ($2.23), hovering just above Van de Poppe’s entry point of 0.00005 BTC ($2.11).

Another coin on this trader’s radar is blockchain scaling solution Polygon. According to Van de Poppe, MATIC still looks bullish despite the recent correction as it continues to form higher highs and higher lows.

“The green zone is an important area to keep. If it breaks above $2.15-2.2, I assume another rally is possible.”


The source: from the Poppe

Next up is blockchain gaming platform Enjin Coin (ENJ), which Van de Poppe says is closing at two strong support levels after a deep correction from its all-time high of $4.85.

“Two major support areas that I personally want to look for long.”


The source: from the Poppe

ENJ is currently trading at $2.27. According to Van de Poppe’s chart, the two points of interest are $2.2 and $1.9.

WOO, the utility token of decentralized fintech startup and pool trading platform Woo Network, is also on Van de Poppe’s list. According to the analyst, WOO is threatening to clear a major resistance level and rally against Bitcoin.

“This token is building a big breakout. Continually testing resistance while creating higher lows. Another break = bullish continuation.”


The source: from the Poppe

The final coin is the ZIL of the high-throughput blockchain Zilliqa. According to Van de Poppe, Zilliqa has managed to clear immediate resistance against Bitcoin and now looks poised to form a bullish bottom structure higher at 0.0000014 BTC ($0.05).

“This created a bullish breakout, just like the altcoins in December made great buy points (ATOM and LINK?).

Above the support area right now, could be a good position.”


The source: from the Poppe

At the time of writing, the ZIL/BTC pair is trading at 0.00000143 BTC ($0.06).

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Minh Anh

According to DailyHodl

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Category: news

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