Crypto Analyst Examines MATIC, ONE and VET Crypto

Major Blow to Investors as Celsius Halts Withdrawals, Swaps and Transfers
  • Van de Poppe sees a possible buying opportunity around 0.00000210 BTC.
  • Bitcoin’s price movement will define the destiny of altcoins.

The crypto market has remained stable as Bitcoin seeks to build momentum and hang on to the $50K hurdle. While ETH is up 3.1%, most other cryptocurrencies are still down, with SOL down 6.6%, following multiple factors, including the new covid variant that has taken the world by a storm.

Polygon (MATIC)

Following the recent market fall, cryptocurrency expert and trader Michael van de Poppe examines three cryptocurrencies. In an interview with Polygon, Van de Poppe reveals that Ethereum (ETH) scaling solution might hit a new high of $2.70. (MATIC).

MATIC/USDT: Source: TradingView

He claims the currency is reaching higher lows. Consequently, the pressure is building for a breakthrough above the all-time high [$2.62]. A possible entry point would be around $1.80, where it may go all the way down and still be positive before we make a breakthrough, he continued. He forecasts $2.70 for the coin if the green zone holds.

Harmony (ONE)

Next up is Harmony’s native token. Between the 0.00000417 BTC ($0.24) and 0.00000344 BTC ($0.19) support levels, Van de Poppe anticipates buying opportunities.

ONE/USDT: Source: TradingView

The crypto trader forecasts losses of 0.00000090 BTC ($0.005) to 0.00000500 BTC ($0.28). $1.21 and $1.23 are critical support levels for Harmony. ONE Price may go below $0.17.

VeChain (VET)

VET/USDT: Source: TradingView

VeChain, the supply chain blockchains utility coin (VET). If the charts show a higher low for VeChain, Van de Poppe sees a possible buying opportunity around 0.00000210 BTC ($0.12). A higher low typically indicates an upswing. However, Bitcoin’s price movement will define the destiny of altcoins.

Content writer by profession. A crypto lover and has passion for writing. Follows the developments of digital currency right from its launch, years ago.