Prominent crypto strategist and trader Michaël van de Poppe says the bottom could be in for five low-cap altcoins.
The top crypto trader tells his 352,300 followers that he’s looking at Skale, a blockchain network that allows developers to create and provide decentralized chains that are completely compatible with Ethereum.
According to Van de Poppe, Skale is currently consolidating against Bitcoin (SKL/BTC) as it continues to trade above heavy support of 0.00000629.
“This one is still consolidating on a level pre-rally levels. A great one for entries around these zones.”
Source: Van de Poppe/Twitter
Another coin on Van de Poppe’s watchlist is blockchain scaling solution Polygon (MATIC), which he says is poised for a strong bounce after touching critical support at $0.97.
“This one is the same as SKL. On heavy support, through which it seems likely that it’s bottomed out relatively soon and ready for a relief rally. $1.35 and $1.60 are next then.”
Source: Van de