BitRss.com latest World Crypto News

Search and discover the latest Cryptocurrency updated Stories in Categories

24-7 World Cryptocurrency News about Blockchain, Technology and much more, only from Top Leading Sources

Bitcoin and Crypto Markets Pop – Here’s What’s Next for BTC, Dogecoin, Cardano, Polygon and Fantom, According to Michaël van de Poppe

Bitcoin and Crypto Markets Pop – Here’s What’s Next for BTC, Dogecoin, Cardano, Polygon and Fantom, According to Michaël van de Poppe
Widely followed crypto analyst Michaël van de Poppe says the markets are bouncing back after a rough week, starting with Bitcoin (BTC).
Analyzing the top crypto asset by market cap, Poppe  predicts  BTC bumping back up to the $34,000 range is possible soon.

“Bitcoin held the crucial level, which is great. 
Looking to see whether it can sustain above $29,700-30,000.
If so, then a test at $32,700 and potentially $34,000 is possible.”
Source: CryptoMichNL/Twitter
The analyst  says  a continuation is likely for  Bitcoin , trading for $30,716 at time of writing, with one caveat.
“Depending on the US markets, but continuation seems likely here for Bitcoin.”
Source: CryptoMichNL/Twitter
Van de Poppe turns his attention to  Dogecoin  (DOGE), which has been playing dead alongside the rest of the crypto markets for weeks. The crypto analyst  says  the dog-themed memecoin is finally ready to come up.
“Time to go up for DOGE too.”
Source: CryptoMichNL/Twitter
Looking at  Ethereum  (ETH)-rival Cardano (ADA), he expects the falling altcoin to bounce back from its next support.
“Well, ADA didn’t hold at $0.68 and is currently down 87%.
The next support around $0.38-0.40 is the one the markets bounced from. 
From here to previous support is already a 2x.”
Source: CryptoMichNL/Twitter
Cardano  is trading for $0.57 at time of writing, up 25% over the last 24 hours.
Looking at Ethereum scaling solution Polygon (MATIC), the trader  foresees  the layer-2 altcoin testing the $1 range if BTC can hold $30,000.
“Would not be surprised if MATIC is going to test $1 in the coming days/weeks if $BTC reclaims $30,000.
In the markets; always we’ll be having opportunities.
The percentage gains and possibilities are unlimited at this point.”
Source: CryptoMichNL/Twitter
Polygon  is currently trading for $0.73, up 28% over the last 24 hours.
Van de Poppe  looks last at the Fantom (FTM) protocol, a crypto asset that the trader thinks could nearly double in price before hitting any resistance.
“Seems that we’re seeing that relief rally across markets at this point.
For FTM, continuation towards $0.68 seems likely before we hit the first real resistance.
All in all, volatility will remain high, but probably we’re in a new accumulation period.”
Source: CryptoMichNL/Twitter
Fantom  is trading for $0.37 at time of writing, up 28% over the last 24 hours.
Check Price Action

Don't Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Follow us on Twitter , Facebook and Telegram

Surf The Daily Hodl Mix

 
Check Latest News Headlines



 

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.



Featured Image: Shutterstock/Ormalternative/karnoff/PurpleRender/Mingirov Yuriy
The post Bitcoin and Crypto Markets Pop – Here’s What’s Next for BTC, Dogecoin, Cardano, Polygon and Fantom, According to Michaël van de Poppe appeared first on The Daily Hodl .

BitRss.com shares this Contents always with License.

Thank you for Share!

   
Tumblr
LinkedIn
Reddit
VK

WhatsApp
Telegram

Cool to know huh? Read the full Article

Read the full Article:  ⭲ Bitcoin and Crypto Markets Pop – Here’s What’s Next for BTC, Dogecoin, Cardano, Polygon and Fantom, According to Michaël van de Poppe


Search about Crypto News


BITRSS | CRYPTOCURRENCY WORLD NEWS

The latest Top News, only from Leading exponents of BlockChain, Bitcoin and different Accredited Crypto Currency Sources.

Since 2015, our Mission was to Share, up-to-date, those News and Information we believe to represent in an Ethical and sincere manner the current Crypto Currencies World: everything you are looking for, in one place!

We have always tried to give priority to the News; for this reason we have designed BitRss.com simple and intuitive, usable by all Devices, fast and effective.


| LEARN MORE ABOUT |

Today Most Popular News



Dokky PRO - Bookcase Shop Script