Sun, December 22

Here Are Top Five Altcoins for October as per Michael Van de Poppe

Here Are Top Five Altcoins for October as per Michael Van de Poppe Altcoin News
  • Van de Poppe expects the CRV/BTC pair will rise 44%.
  • SKALE, an elastic blockchain network, is also a trader favourite.

This month’s top five cryptocurrencies to monitor are highlighted by well-known crypto trader Michael van de Poppe.

Van de Poppe says he’s watching decentralized oracle network Chainlink’s Bitcoin pair (LINK/BTC). Moreover, Van de Poppe claims LINK/BTC is currently on an uptrend and poised to soar 40% from its current value of 0.00057 BTC ($25.22).

A new strategy session from Van de Poppe shows him keeping an eye on decentralized oracle network Chainlink’s Bitcoin pair (LINK/BTC). Van de Poppe predicts a 40% increase in LINK/BTC from its current value of 0.00057 BTC or $25.22.

Now, to break this resistance (0.00066 BTC or $29.20), it must maintain this higher low of 0.000528 BTC or $23.36. Furthermore, the first genuine target zone after that is 0.0008 BTC ($35.39). According to CoinMarketCap, the LINK price today is $23.36 USD with a 24-hour trading volume of $1,067,955,109.

Curve Finance

Next is Curve, the decentralized exchange’s governance token. He predicts the CRV/BTC pair to increase 44% from its current price of 0.000059 BTC or $2.55.

Moreover, at 0.000049 BTC or $2.17, Curve has had a fantastic retest, which is expected to continue until the resistance at 0.000085 BTC or $3.76.

SKALE Network (SKL)

SKALE, an elastic blockchain network, is also a trader favourite. Furthermore, the crypto trader believes SKALE (SKL/BTC) will rise against Bitcoin (SKL/BTC) in the next month.

He claimed he was preparing for another run to the top at 0.00001 BTC or $0.44, possibly in October. According to CoinMarketCap, the SKALE Network price today is $0.282535 USD with a 24-hour trading volume of $26,160,773 USD.

UniGraph (GRAPH)

Traders list include The Graph, a blockchain data indexing and organizing tool. Van de Poppe believes The Graph is one obstacle away from a 100% surge against Bitcoin (GRT/BTC).

According to Van de Poppe:

“[The] Area To Break Is The Area Around 0.0000185 BTC ($0.82). If That One Breaks, The Entire Structure Breaks, And We Most Likely Are Going To Print A New Higher High Around The Area Of 0.00003 BTC ($1.33).”

THORChain (RUNE)

And lastly, Van de Poppe says THORChain, a decentralized exchange system, is being tracked against Bitcoin (RUNE/BTC). Van de Poppe expects RUNE/BTC to stabilize before a 100% rise from its current price of 0.00016 BTC ($7.04).

He thinks it will have a brief consolidation, a higher low, and continue the downward trend. Also, the trend has changed, with higher highs and lower lows. This higher high at 0.00024 BTC or $10.62 must be taken out to keep advancing. Then it will shoot for 0.00031 BTC ($13.72) to 0.00034 BTC ($15.04).

According to CoinMarketCap, THORChain price today is $6.96 USD with a 24-hour trading volume of $57,211,432 USD.

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A trader himself, Rossi has 7 years of experience trading in the forex market and the passion for writing has brought him to Newscrypto. He is the perfect combination of market knowledge and writing skills, making him one of the most sought-after writers on cryptocurrency.