Here's What's Coming for Ethereum Rivals Cardano (ADA), Fantom (FTM) And Harmony (ONE), According to Analyst Michaël Van De Poppe

Here's What's Coming for Ethereum Rivals Cardano (ADA), Fantom (FTM) and Harmony (ONE), According to Analyst Michaël van de Poppe 6Image

The source: Van de Poppe / Twitter

At the time of writing, Cardano is trading at $1.04.

Next is Fantom, a highly scalable blockchain platform for decentralized finance (DeFi), decentralized applications (DApps), and enterprise applications. Trading with Bitcoin (BTC), Van de Poppe said the FTM/BTC pair has managed to hold support at 0.0005 BTC ($1.81) and must now overcome resistance at 0. 000068 BTC ($2.48) to launch a breakout rally.

“The key area to keep to avoid nukes is the 6800 sats area. Failed to hold, the kernel turned towards support and a strong bounce from that area was in. Support is between 5100-5400 sats (0.00005 BTC – 0.000054 BTC), resistance is 6800 (0.000068 BTC) sats. If that breaks out -> new impulse wave. ”

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The source: Van de Poppe / Twitter

At the time of writing, the FTM/BTC pair is trading at 0.0006 BTC or $2.17.

The last coin on a trader’s radar is Harmony, a blockchain focused on powering a decentralized economy. According to Van de Poppe, Harmony may be positioning for a bounce against Bitcoin (ONE/BTC) after respecting support at 0.000005 BTC or $0.18.

“If you want to come in ONE, This is probably the area you are looking for. “

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The source: Van de Poppe / Twitter

Valentine Chukhlyebova

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