Currently, the FTM/BTC pair is trading at 0.000053 BTC ($2.23), which is just above Van de Poppe’s entry point at 0.00005 BTC ($2.11).
Another coin on the radar of traders is blockchain scaling solution Polygon. According to Van de Poppe, MATIC still looks upbeat despite its recent correction as it continues to print higher highs and lower lows.
“The green zone is an important area to hold. If it breaks above $2.15-$2.20, I am assuming another rally is possible.”
Next is blockchain gaming platform Enjin Coin (ENJ), which Van de Poppe said is closing at two strong support levels after a sharp correction from all-time highs of $4.84.
“Two big areas of support that I personally have been looking for for a long time.”
ENJ is currently changing hands at $2.23. According to Van de Poppe’s chart, the two points of interest are $2.20 and $1.90.
WOO, the utility token of decentralized fintech startup and pool trading platform Woo Network, is also on Van de Poppe’s list. According to the crypto analyst, WOO is threatening to make a major resistance and rally against Bitcoin (WOO/BTC).
“This is building for a major breakout. Continually testing resistance while making higher lows. Another break = bullish continuation. ”
The final coin is the high-throughput blockchain Zilliqa (ZIL). According to Van de Poppe, Zilliqa managed to knock out its immediate resistance against Bitcoin (ZIL/BTC) and now looks poised to print a structure lower in the uptrend at 0.0000014 BTC ($0.05).
“This created an upside breakout, like altcoins in December were a big buy (remember ATOM and LINK?).
On a support area right now, could be a good position. “
At the time of writing, the ZIL/BTC pair is trading at 0.00000142 BTC ($0.06).
Tithi Luadthong / LongQuattro