Widely followed cryptocurrency analyst and trader Michaël van de Poppe is expressing bullish sentiment for an Ethereum (ETH) rival and two popular altcoins.
“This one shows strength and, indeed, held the level at $265 for support.
Now flipping $285 for support and we’ll be good to go.
Expecting continuation towards $325.”
BNB is trading at $282 at time of writing.
“Expecting continuation towards $1.”
MATIC is trading at $0.85 at time of writing.
“Following the path. Still expecting continuation towards $9.”
LINK is trading at $7.66 at time of writing.
Turning to Ethereum, Van de Poppe says that the second-largest crypto asset by market cap recently turned a resistance level into support and is now on the verge of resuming an upward trend that could see it rise by about 18% from the present price.
“This one looks like a continuation is around the corner.
Assuming that it breaks $1,380, the next target is $1,600 for this one.”
ETH is trading at $1,356 at time of writing.
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