Analyst Michaël Van De Poppe Predicts Massive Surge for Ethereum-Based Altcoin in 2023 – Here’s His Outlook

Blockchain MARKET_WATCH

A closely followed crypto analyst believes that one altcoin built on the Ethereum (ETH) blockchain is gearing up for a bullish 2023. In a new strategy session, Michaël van de Poppe tells his 164,000 YouTube subscribers that decentralized oracle network Chainlink (LINK) must take out its immediate resistance to ignite a massive surge. “If Chainlink is going to crack this resistance that we have here which is the area at $7.78, that is going to be the area after which we start to accelerate, so crucial resistance before $16 for Chainlink.”  Source: Van de Poppe/YouTube At time of writing, LINK is changing hands for $6.05. A move to Van de Poppe’s target suggests an upside potential of over 164% for the Ethereum-based altcoin. Although Van de Poppe is bullish on Chainlink, he says that it is within the realm of possibility for the altcoin to print a fresh bear market low below $5 before it could start rallying toward his target. “If we don’t have that support level ($6) to stay in place, I’m going to look at a test around $5. If we can’t really have a support here, we sweep it ($5) again. I’m looking at a case like this (move below $5), in which [the reclaim of $6] is the trigger for a long entry in which you start continuing to the upside.”  Source: Van de Poppe/YouTube Looking at Bitcoin (BTC), Van de Poppe says the king crypto looks primed for a quick upswing. “Bitcoin still holding levels here as we flipped $16,750 for support. If that holds (and no sharp fall to $16,400), I think we’ll still be able to see continuation to the upside to $17,400.” Source: Van de Poppe/Twitter At time of writing, Bitcoin is changing hands for $16,866. I Don't Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox Check Price Action Follow us on Twitter, Facebook and Telegram Surf The Daily Hodl Mix Check Latest News Headlines Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. 

 

Source : [Analyst Michaël Van De Poppe Predicts Massive Surge for Ethereum-Based Altcoin in 2023 – Here’s His Outlook](dailyhodl.com/2022/12/27/analyst-michael-van-de-poppe-predicts-massive-surge-for-ethereum-based-altcoin-in-2023-heres-his-outlook/) by Daily Hodl Staff - December 27, 2022

Join our 70k+
tribe of Akters

Have any questions?

Check our Q&A

About the AKTIO coin

Benefit fully from our ecosystem

What’s new in the App?

We’re adding new features

Customer support

support@akt.io

+353 1 574 7382

+39 06 4525 6900

Opening hours:

Monday to Friday: 9am - 5pm CET

Company

About

AKTIO coin

Careers

Learn

News

Glossary

AKT Academy

Help

FAQ

Sitemap

System Status

Automata Pay

65-66 Warwick House 4th

Floor, Queen Street, London

England, EC4R 1EB

Automata ICO Ltd

3rd Floor Ormond Building,

31-36 Ormond Quay Upper,

Dublin 7, D07 Ee37

Automata Pay Europe Ltd

3rd Floor Ormond Building,

31-36 Ormond Quay Upper,

Dublin 7, D07 Ee37

Automata ICO Ltd

Italian Branch

Via Archimede, 161,

00197 Roma

Italy

Automata Pay Ltd, Reg number 12208424 and incorporated in the United Kingdom is the registered agent of Modulr FS Limited, a company registered in England with company number 09897919, authorised and regulated by the Financial Conduct Authority as an Electronic Money Institution (Firm Reference Number: 900573). Traditional currency will be safeguarded by a licensed bank in segregated accounts in accordance with regulatory requirements.

Automata Pay Europe Limited, Reg number 69028 and incorporated in Ireland is the registered agent of Modulr FS Europe Limited, a company registered in Ireland with company number 638002, authorised and regulated by the Central Bank of Ireland as an Electronic Money Institution (Institution Code C191242). Traditional currency is safeguarded as e-money in accordance with our regulatory obligations. Traditional currency will be safeguarded by a licensed bank in segregated accounts in accordance with regulatory requirements.

Automata ICO Limited, Reg number 690280 and incorporated in Ireland has applied for a Virtual Asset Service Provider registration with the Central Bank of Ireland. Whilst the application is ongoing we are permitted to continue business as a Virtual Asset Service Provider in line with the Central Bank of Ireland's regulatory disclosure statement as required under section 106L of the CJA 2010 in relation to registered VASPS. It is important to note that a registration as a VASP is a registration for Anti-Money Laundering (AML) and Combatting the Financing of Terrorism (CFT) purposes only. While Automata ICO Limited does have certain financial crime control obligations under this registration, cryptoasset services remain largely unregulated. The Financial Ombudsman Service or the Financial Services Compensation Scheme do not apply to the cryptoasset activities carried on by Automata ICO Limited.