What To Look Out For Cardano, Litecoin, Cosmos & Avalanche Tokens According to Crypto Analyst
What To Look Out For Cardano, Litecoin, Cosmos & Avalanche Tokens According to Crypto Analyst.
The crypto market is currently going through a volatile past few days. With Bitcoin and other coins rally and then falling in a matter of hours makes many investors to be wary of trading.
Other than Bitcoin and Ethereum, let us look at some other altcoins to look out for to trade ini. One of the most famous crypto analyst, Michaël van de Poppe share his analysis of what to expect for Cardano (ADA), Litecoin (LTC), Cosmos (ATOM), Avalanche (AVAX) and Binance (BNB) in the near future.
Cardano (ADA)
Michaël van de Poppe said that, ADA is currently still trading above his key support line. And seems like many users are still very interested in one of the biggest altcoins in the market right now. He said that it is still accumulating, which means that there is a general increase in buying activities.
The best price to buy ADA is at the region around $0.30-0.375. At the time of writing, Cardano is trading at $0.43 down around 2%. If there is a break in the downwards trend, maybe investors can start to long in this altcoin.
Request 01 – $ADA
This one is looking like we're accumulating.
The ultimate area to buy from is the region at $0.30-0.375.
However, will we see it front-run and people are already stacking?
In that case, break of downtrend is your long trigger. pic.twitter.com/qGmZXwr2Kc
— Michaël van de Poppe (@CryptoMichNL) September 25, 2022
Litecoin (LTC)
Van de Poppe believes that for the case of LTC, it is still going according to his predictions. For the LTC/BTC chart, he believes that it will rally as long as it is trading above his predicted support level which is around, 0.002772 BTC ($52.39). It could start a bull run to around 0.0034 BTC ($64.25) $17if that happens.
At the time of writing, LTC is trading at $52.92, up around 0.5%.
Request 02 – $LTC
This one is still following the path.
If $BTC remains calm coming days, we'll probably see a continuation towards 3400 sats as the long was activated. pic.twitter.com/aTAKM8uOtv
— Michaël van de Poppe (@CryptoMichNL) September 25, 2022
Cosmos (ATOM)
Another crypto that van de Poppe analyze is Cosmos. He said that ATOM is showing “a ton of strength” and he expects it to rally up soon. He believes that investors should go long when the price of ATOM is at $13. And if it goes up to $13.85 for the support line, one can expect it to rally to more than $16.
At the time of writing, ATOM is trading at $12.91, down 10.82%.
Request 03 – $ATOM
This one is showing a ton of strength.
Long should be activated at $13 and now, LTF based, I'd preferably want to see $13.85 hold for support.
Then I'm assuming we'll hit $16+ and take highs.
YouTube video:https://t.co/H4EyGooTiG
— Michaël van de Poppe (@CryptoMichNL) September 25, 2022
Avalanche (AVAX)
Avalanche is the fourth crypto that he gave out his analysis for. For the market to have an upward trend, he prefers to see the AVAX/BTC pair to trade around 0.00092 BTC ($17.41). If the happens then maybe it will trigger long runs towards 0.00105 BTC ($19.87).
At the time of writing, AVAX is priced at $16.94, down 6.39%.
Request 04 – $AVAX
If we'd like to see continuation on the markets here, I'd preferably want to see $AVAX hold at 9200 sats to create a HL.
If that happens, we'll most likely trigger longs and run towards 10500 sats. pic.twitter.com/v1nMS1oANp
— Michaël van de Poppe (@CryptoMichNL) September 25, 2022
Binance Coin (BNB)
One of the latest analysis from van de Poppe is on Binance coin. After a downtrend in the bull market, he analyse that people should go long for BNB. He analyse two support line which is at $265 and $250. And predicts that it could rally to $323.60 above the support line.
At the time of writing, BNB is trading at $272.15, down 0.06%.
Two regions I'm looking at with $BNB.
I'd prefer to see the $265 area hold for support; otherwise, I'd be looking at $250 as the next support zone.
Both I'd project as long areas. pic.twitter.com/8H3hFkJUQc
— Michaël van de Poppe (@CryptoMichNL) September 28, 2022
For more info regarding Crypto Alpha and NFTs Alpha. Always follow us on Twitter and Instagram.