Here’s What’s Coming for Cardano and Six Altcoins, According to Trader Michaël van de Poppe

Here’s What’s Coming for Cardano and Six Altcoins, According to Trader Michaël van de Poppe


Crypto trader and analyst Michaël van de Poppe is highlighting what he thinks is next for Cardano (ADA) and six other altcoins.

In a new video, the trader says Cardano is looking strong relative to other crypto assets during the market correction, consistently making higher lows in its price action. According to him, the next target for ADA is in the $3.35 level, before a potential rocket to $5.00.

 

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“If we do have this break above $1.80 you can use the Fibonacci extension to derive the next target zones which is $3.35 and $5.00. If we get this break into the upside, if Bitcoin is going to find its bottom formation here, we can start targeting to these two target zones here, so there’s upside to be expected, and not everything is bad in the markets.”

Van de Poppe has also got his eye on six cryptos, number one being  SXP, the native token on crypto wallet Swipe.

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