{"id":572122,"date":"2024-01-29T21:30:11","date_gmt":"2024-01-29T21:30:11","guid":{"rendered":"https:\/\/ktsl888.com\/?p=572122"},"modified":"2024-06-11T07:03:48","modified_gmt":"2024-06-11T07:03:48","slug":"crypto-altcoins-february-2024","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/crypto-altcoins-february-2024\/","title":{"rendered":"Renowned Crypto Expert Reveals Top 3 Altcoins Ready To Breakout In February 2024"},"content":{"rendered":"
A prominent crypto analyst and Bitcoin enthusiast, Michael Van de Poppe, has shared insights on the future trajectory of several <\/span>altcoins<\/span> in the space. The crypto analyst\u2019s predictions highlight crucial moments for investors as they watch out for opportune times to buy and sell cryptocurrencies in this dynamic market.\u00a0<\/span><\/p>\n Following the approval of Spot Bitcoin ETFs, Bitcoin experienced a substantial surge, rallying to overcome the $45,000 price mark. During this bullish momentum, the prices of several altcoins, including <\/span>Ethereum (ETH)<\/span><\/a> and <\/span>Solana (SOL)<\/span><\/a>, also witnessed significant increases.\u00a0<\/span><\/p>\n In a recent X (formerly Twitter) post, Poppe <\/span>revealed<\/span><\/a> major altcoins to buy or sell in 2024. The crypto analyst shared a chart illustrating the historical <\/span>price movements and corrections<\/span><\/a> of Solana, Polygon (MATIC) and Chainlink (LINK).\u00a0<\/span><\/p>\n Poppe revealed that Solana\u2019s consolidation phase appears to have ended after it experienced a major decline from its 2023 peak of over $123 to $95.81 at the time of writing. His analysis suggests that Solana is poised for a higher time frame support test at $80 and is <\/span>anticipated to surge to new highs<\/span><\/a>, potentially reaching $140.\u00a0<\/span><\/p>\n Subsequently, the crypto analyst presented a historical performance chart of <\/span>MATIC<\/span><\/a>, the native token of Polygon. Noting that the cryptocurrency has maintained higher time frame support levels with established liquidity, Poppe predicts an upcoming upward movement despite <\/span>MATIC\u2019s recent underperformance.\u00a0<\/span><\/a><\/p>\n He forecasts that MATIC\u2019s next rally could propel its price to a range between $1.25 and $1.50. As of now, the price of MATIC is trading at $0.789, reflecting a 2.39% decline in the past 24 hours, according to CoinMarketCap.\u00a0<\/span><\/p>\n The Bitcoin enthusiast also anticipates a substantial price increase for Chainlink\u2019s native token, <\/span>LINK<\/span><\/a>. The crypto analyst revealed that the cryptocurrency has consistently held crucial price levels and is positioned for an upward momentum towards $25. At the time of writing, the price of LINK stands at $14.65, representing a 0.12% increase in the last 24 hours.\u00a0<\/span><\/p>\n In his X post, Poppe unveiled a roster of altcoins that has been struggling to surge and maintain crucial resistance levels. The crypto analyst pointed out that <\/span>Ethereum\u2019s recent slow growth<\/span><\/a> has adversely impacted many altcoins, causing them to experience further declines.\u00a0<\/span><\/p>\n He mentioned Synthetix (SNX),<\/span>\u00a0which is currently depreciating primarily due to Ethereum\u2019s lagging performance. Additionally, there is Arbitrum (ARB) and Polkadot (DOT), which Poppe predicts would have a significant price increase in the future.<\/span>\u00a0<\/span><\/p>\n The Bitcoin enthusiast stated that if ARB can return to a price level of around $1.40 and $1.60, it could open up new entries into a more sustainable position. Subsequently, Poppe predicts a rise in the price of Polkadot to $15 despite its current price trading at $6.80.\u00a0<\/span><\/p>\n The crypto analyst revealed that <\/span>DOT<\/span><\/a> is currently showcasing a \u201cgreat weekly candle\u201d, and its previous price corrections present a great opportunity for investors in the ongoing bull market.\u00a0<\/span><\/p>\n <\/p>\n A prominent crypto analyst and Bitcoin enthusiast, Michael Van de Poppe, has shared insights on the future trajectory of several altcoins in the space. The crypto analyst\u2019s predictions highlight crucial moments for investors as they watch out for opportune times to buy and sell cryptocurrencies in this dynamic market.\u00a0 Altcoins Set To Rise In 2024 Following the approval of Spot Bitcoin ETFs, Bitcoin experienced a substantial surge, rallying to overcome the $45,000 price mark. During this bullish momentum, the prices of several altcoins, including Ethereum (ETH) and Solana (SOL), also witnessed significant increases.\u00a0 Related Reading: Crypto Analyst Says February Will Be A Bullish Month For Bitcoin, Here\u2019s Why In a recent X (formerly Twitter) post, Poppe revealed major altcoins to buy or sell in 2024. The crypto analyst shared a chart illustrating the historical price movements and corrections of Solana, Polygon (MATIC) and Chainlink (LINK).\u00a0 Poppe revealed that Solana\u2019s consolidation phase appears to have ended after it experienced a major decline from its 2023 peak of over $123 to $95.81 at the time of writing. His analysis suggests that Solana is poised for a higher time frame support test at $80 and is anticipated to surge to new highs, potentially reaching $140.\u00a0 Subsequently, the crypto analyst presented a historical performance chart of MATIC, the native token of Polygon. Noting that the cryptocurrency has maintained higher time frame support levels with established liquidity, Poppe predicts an upcoming upward movement despite MATIC\u2019s recent underperformance.\u00a0 He forecasts that MATIC\u2019s next rally could propel its price to a range between $1.25 and $1.50. As of now, the price of MATIC is trading at $0.789, reflecting a 2.39% decline in the past 24 hours, according to CoinMarketCap.\u00a0 The Bitcoin enthusiast also anticipates a substantial price increase for Chainlink\u2019s native token, LINK. The crypto analyst revealed that the cryptocurrency has consistently held crucial price levels and is positioned for an upward momentum towards $25. At the time of writing, the price of LINK stands at $14.65, representing a 0.12% increase in the last 24 hours.\u00a0 Underperforming Crypto In 2024 In his X post, Poppe unveiled a roster of altcoins that has been struggling to surge and maintain crucial resistance levels. The crypto analyst pointed out that Ethereum\u2019s recent slow growth has adversely impacted many altcoins, causing them to experience further declines.\u00a0 Related Reading: Bitcoin Whales Increase Their Holdings By $3 Billion \u2013 Is A Price Surge Imminent? He mentioned Synthetix (SNX),\u00a0which is currently depreciating primarily due to Ethereum\u2019s lagging performance. Additionally, there is Arbitrum (ARB) and Polkadot (DOT), which Poppe predicts would have a significant price increase in the future.\u00a0 The Bitcoin enthusiast stated that if ARB can return to a price level of around $1.40 and $1.60, it could open up new entries into a more sustainable position. Subsequently, Poppe predicts a rise in the price of Polkadot to $15 despite its current price trading at $6.80.\u00a0 The crypto analyst revealed that DOT is currently showcasing a \u201cgreat weekly candle\u201d, and its previous price corrections present a great opportunity for investors in the ongoing bull market.\u00a0 Total market cap at $1.57 trillion | Source: Crypto Total Market Cap on Tradingview.com Featured image from Busha, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":572139,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[85876,83386,3],"tags":[134,138,142,89606,84309,16295,6664,14690,16097,89530,40670,89524,9753,83584,89525],"class_list":["post-572122","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin","category-crypto","category-news","tag-altcoin","tag-altcoin-news","tag-altcoins","tag-altcoins-news","tag-arbitrum","tag-chainlink","tag-crypto","tag-crypto-news","tag-link","tag-link-news","tag-matic","tag-matic-news","tag-polkadot","tag-polygon","tag-polygon-news"],"acf":[],"yoast_head":"\nAltcoins Set To Rise In 2024<\/h2>\n
Underperforming Crypto In 2024<\/h2>\n
Total market cap at $1.57 trillion | Source: Crypto Total Market Cap on Tradingview.com<\/a><\/pre>\n