Popular crypto strategist and trader Michaël van de Poppe is spotlighting the key levels of support for Cardano and Chainlink as Bitcoin struggles around $30,000.
In a new video, Van de Poppe tells his 108,000 YouTube subscribers that Cardano (ADA) is currently holding support above $1.00, but if that level is lost, the crypto analyst is looking at two levels where buyers could step in.
“If Cardano is going to lose this point ($1.00). I don’t believe we’re going to hit this one once again. I think we’re going to look at support around $0.70 and potentially around $0.82.”
Van de Poppe is also drawing a bullish scenario for Cardano should the Ethereum competitor manage to stay between the $1.00 and $1.15 range.
“On the upside, we’re still making lower highs. So in order to break that momentum, obviously, Cardano has to flip and break above $1.48. But if it does break or test $1.31, that is the