Cryptocurrency analyst and trader Michaël van de Poppe is leaning bullish on one Solana (SOL) competitor while offering his analysis on XRP and Chainlink (LINK).
Cryptocurrency analyst Michaël van de Poppe is sharing his technical analysis on three promising crypto assets: Sei (SEI), XRP and Chainlink (LINK). Here's a summary of his insights:
Michaël van de Poppe, a renowned cryptocurrency analyst and trader, recently shared his technical analysis on three promising crypto assets, namely Sei (SEI), XRP and Chainlink (LINK). Here's a closer look at his insights:
1. Sei (SEI) showing promising technicals: According to van de Poppe, decentralized exchange (DEX) token SEI is looking "juicy" at the current levels. He anticipates a potential rally for SEI, suggesting a move from the current price to $0.70, indicating a possible 74% gain. He attributes this expectation to the expanding ecosystem of the Solana (SOL) competitor, suggesting that there's a lot to gain from this project.
2. XRP consolidating, offering optimal entry points: The cryptocurrency analyst highlights that XRP, the fourth-largest crypto asset by market capitalization, is currently in a consolidation phase. He anticipates that the higher time frame support zones, which are around $1.82, will be tested again. These zones, according to van de Poppe, present the most optimal entry points for those interested in going long on XRP.
3. Chainlink (LINK) kicking off an uptrend: The renowned analyst points out that an uptrend has begun for Chainlink, and it's now searching for a higher low. However, he notes that the valuation of Chainlink against Bitcoin is still very low, suggesting a lot of upside to come for LINK in 2025.
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