Here’s what’s next for Bitcoin, Fantom, and One Under-the-Radar Altcoin, according to Top Crypto Trader
A popular crypto analyst lays out his roadmap for Bitcoin (BTC) and two altcoins, including an Ethereum (ETH) competitor.
Michaël van de Poppe tells his 621,800 Twitter followers that Bitcoin is currently consolidating.
He says if BTC falls in price, it needs to hold a low in the $21,323 area to avoid a “trend reversal.”
“The trend is still up, a correction may be taking place now due to CPI fears.
Important:
Hold above $21,300 to continue the trend.
Break above $24,500 to continue to $28,000.”
Source: CryptoMichNL/Twitter
BTC is trading at $23,893 at the time of writing. The top-rated crypto asset by market cap is up more than 3% in the last 24 hours.
Van de Poppe also notes that Ethereum rival Fantom (FTM) could rally as low as $0.50.
FTM is trading at $0.405308 at the time of writing. The crypto asset, ranked 57th by market cap, is up nearly 10% in the past 24 hours.
According to Van de Poppe, Zilliqa (ZIL), a blockchain for enterprise solutions, is also consolidating. The trader says that ZIL will most likely take off to a breakout once it jumps above $0.049.
ZIL is trading at $0.045384 at the time of writing. The 80th-ranked crypto asset by market cap is up more than 5% over the past day.
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