Top Altcoins That are Poised to Outperform Bitcoin
Micheal Van De Poppe drops a list of 5 altcoins that can outperform the king coin “ Bitcoin”. He is positive and optimistic about these altcoins and he is also hinting towards a bullish rally. In a series of tweets he tells his 207,700 followers that he’s keeping a close watch on these 5 altcoins.
Since the beginning of this bull run, Litecoin has been flying under the radar. DeFi has become the talk of the industry, but the ten-year-old cryptocurrency has been quiet. This hasn’t prevented investors, as the price of LTC has risen by 550% in the last year.
Well, the overall trend is bullish and according to Van De Poppe Litecoin has started showing signs that it may be ending its three-year downtrend against Bitcoin (BTC).
As of writing LTC/BTC was trading at 0.004247. And LTC/USD was sitting at $257 with a 2.53% price dip in the last 24 hours.
Tezos (XTZ/BTC) is another coin on Van de Poppe’s radar, as the pair is bottoming out with the ability to ascend from 0.0001 to 0.00019, a 90% gain.
Tezos price seems to have finalized its consolidation period and is ready for a new leg up. And according to the analyst Tezos is already good to go, and there are a few points of interest for map entries. A new impulse wave and he hints that a bull cycle could begin if the resistance zone is broken.
Tezos price today is $6.41 XTZ price is down -0.8% in the last 24 hours.
Celer Network, a scaling framework, comes next (CELR). CELR/BTC is reaching a possible entry point at about 0.0000009, where it could reverse and rise to 0.000002 for gains of over 122%, according to the crypto trader.
“This one is consolidating here after an impulse move and I think we’ll see some more consolidation. After that period, big impulse wave and likely 200+ satoshis.”
Celer Network price today is $0.065352. CELR price is up 3.0% in the last 24 hours.
Ocean Protocol (OCEAN/BTC), a data-sharing blockchain, is ranked fourth. According to the crypto analyst, OCEAN will continue to rise against BTC, with gains of over 35% from 0.000028 to 0.000038.
“Bullish continuation here in which I assume we’ll see that continuing if 2,700-2,800 satoshis holds. If that happens, the next target zone [is] around 3,800 satoshis.”
Ocean Protocol price today is $1.72. The price is down -2.0% in the last 24 hours.
The privacy-focused crypto asset Komodo (KMD/BTC) is the final coin on Van de Poppe’s radar. According to the crypto trader, the KMD/BTC pair could keep support at 0.00005 in order to make a higher low and continue its bullish ascent to 0.00012, resulting in a 140% rise.
This one according to him is about to embark on a new bull run. The region between 500 and 575 satoshis is where he will be looking for submissions. The next zone being 1,200-1,300 satoshis if that holds.
Komodo price today is $3.58. KMD price is up 0.3% in the last 24 hours.