dailyhodl.com
A widely followed crypto strategist is outlining what’s on the horizon for $XRP, Chainlink ($LINK) and one controversial new altcoin.
Looking at the cross-border payments solution first, analyst Michaël van de Poppe tells his 667,200 followers on the social media platform X that he’s waiting for $XRP to flash signs of strength.
“Full retrace on this one after the win of the SEC case. Personally, I’m buying strength. This means that I’m looking for a breakout above $0.54. A retest there is a great one for longs.”
Based on the trader’s chart, he appears to predict that $XRP will rally above $0.70 if it takes out its immediate resistance at $0.54.
At time of writing, $XRP is trading for $0.513.
Next up is the decentralized oracle network Chainlink. According to Van de Poppe, $LINK is likely gearing up for bullish continuation after bouncing from its September low of $5.76.
“This one is showing upward momentum, and I think that the bottom is in.
Retests are ready to be bought. If we get a $6.15-6.40 retest, that’s an entry towards $8.”
Looking at the trader’s chart, he appears to predict that $LINK could soar as high as $8.59.
At time of writing, Chainlink is worth $6.86.
The last altcoin on the trader’s radar is Worldcoin ($WLD), a controversial crypto project that uses iris-scanning technology. Van de Poppe believes that $WLD is still in a downtrend, but also that it may offer opportunities for short-lived rallies.
“I’d be looking for a retest lower to get myself going on a trade. Big move upwards and substantial correction since. Aggro approach: $1.35 area. Less aggro: $1.11.”
At time of writing, $WLD is trading for $1.38.