Cryptocurrency analyst and trader Michaël van de Poppe, who has more than 500,000 followers on Twitter, recently shared his views on four altcoins he has been watching closely.
In a series of tweets, he evaluated price movements and potential scenarios for ATOM, TRIAS, XCAD and WLD.
- For ATOM, the native token of the Cosmos network, van de Poppe said he is only interested in trading above $10.50 or under $8. He explained that the current price range of around $9 is not attractive to him.
- For TRIAS, van de Poppe said he was in favor of the bull on his prospects. He said the coin bounced off nicely from a high timeframe support level and could target $4.50 from now on.
- For XCAD, a token that rewards creators and viewers on YouTube, van de Poppe said the coin showed a massive bullish divergence from lows and has since doubled in value. He claimed that the first real resistance is $1.50 and if it is broken, the coin could go up to $4-6.
- For Worldcoin (WLD), a project founded by OpenAI CEO Sam Altman, van de Poppe said he faces a critical decision point. He stated that he needs to hold $2.23 to prevent a continuation of the downtrend and target $2.50.
*Not investment advice.