Cryptocurrency trader Michaël van de Poppe is leaning bullishly on a top-10 altcoin by market cap as he outlines a path forward for blockchain Oracle Chainlink (link) and the native assets of the Layer-1 Blockchain Sui (SUI).
Starting with Market Cap’s third largest crypto asset, Van de Poppe tells His 767,000 followers on the social media platform
According to the widely followed trader and analyst, the “optimal” entry level for a long shot at XRP is below $2.80.
“Is $10 possible? Yes.”
XRP is trading at $3.19 at the time of writing
Next is SUI. From de Poppe out That if SUI’s immediate support is able, SUI could appreciate by about 36% from current levels.
“Very simple structure here.
Hold above $4 and we see $6.
Lose this and the entire structure is destroyed. ‘
SUI is trading at $4.42 at the time of writing.
As for link, the widely followed crypto trader out The blockchain oracle looks “off” but could fall about 19% from the current price if Bitcoin (BTC) turns bearish.
“Maybe if Bitcoin has that correction, there’s still some downside that happens to $21-$22.
From there, I expect we will see upside momentum towards $30 – $35 as the next target region. ”
Link is trading at $25.99 at the time of writing.
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Generated image: midjourney