Here Are Top Five Altcoins for October as per Michael Van de Poppe
- Van de Poppe expects the CRV/BTC pair will rise 44%.
- SKALE, an elastic blockchain network, is also a trader favourite.
This month’s top five cryptocurrencies to monitor are highlighted by well-known crypto trader Michael van de Poppe.
Van de Poppe says he’s watching decentralized oracle network Chainlink’s Bitcoin pair (LINK/BTC). Moreover, Van de Poppe claims LINK/BTC is currently on an uptrend and poised to soar 40% from its current value of 0.00057 BTC ($25.22).
Chainlink (LINK)
A new strategy session from Van de Poppe shows him keeping an eye on decentralized oracle network Chainlink’s Bitcoin pair (LINK/BTC). Van de Poppe predicts a 40% increase in LINK/BTC from its current value of 0.00057 BTC or $25.22.
Now, to break this resistance (0.00066 BTC or $29.20), it must maintain this higher low of 0.000528 BTC or $23.36. Furthermore, the first genuine target zone after that is 0.0008 BTC ($35.39). According to CoinMarketCap, the LINK price today is $23.36 USD with a 24-hour trading volume of $1,067,955,109.
Curve Finance
Next is Curve, the decentralized exchange’s governance token. He predicts the CRV/BTC pair to increase 44% from its current price of 0.000059 BTC or $2.55.
Moreover, at 0.000049 BTC or $2.17, Curve has had a fantastic retest, which is expected to continue until the resistance at 0.000085 BTC or $3.76.
SKALE Network (SKL)
SKALE, an elastic blockchain network, is also a trader favourite. Furthermore, the crypto trader believes SKALE (SKL/BTC) will rise against Bitcoin (SKL/BTC) in the next month.
He claimed he was preparing for another run to the top at 0.00001 BTC or $0.44, possibly in October. According to CoinMarketCap, the SKALE Network price today is $0.282535 USD with a 24-hour trading volume of $26,160,773 USD.
UniGraph (GRAPH)
Traders list include The Graph, a blockchain data indexing and organizing tool. Van de Poppe believes The Graph is one obstacle away from a 100% surge against Bitcoin (GRT/BTC).
According to Van de Poppe:
“[The] Area To Break Is The Area Around 0.0000185 BTC ($0.82). If That One Breaks, The Entire Structure Breaks, And We Most Likely Are Going To Print A New Higher High Around The Area Of 0.00003 BTC ($1.33).”
THORChain (RUNE)
And lastly, Van de Poppe says THORChain, a decentralized exchange system, is being tracked against Bitcoin (RUNE/BTC). Van de Poppe expects RUNE/BTC to stabilize before a 100% rise from its current price of 0.00016 BTC ($7.04).
He thinks it will have a brief consolidation, a higher low, and continue the downward trend. Also, the trend has changed, with higher highs and lower lows. This higher high at 0.00024 BTC or $10.62 must be taken out to keep advancing. Then it will shoot for 0.00031 BTC ($13.72) to 0.00034 BTC ($15.04).
According to CoinMarketCap, THORChain price today is $6.96 USD with a 24-hour trading volume of $57,211,432 USD.
The post has appeared first on thenewscrypto.com
Read more: https://thenewscrypto.com/here-are-top-five-altcoins-for-october-as-per-michael-van-de-poppe/
Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M
