While the decline in Bitcoin (BTC) and altcoins continues to deepen, popular analyst Michael van de Poppe, known for his successful analysis, shared with his followers the levels to follow and target levels in four altcoins.
Having examined Arbitrum (ARB), Chainlink (LINK), Cosmos (ATOM) and Sui (SUI), Poppe first evaluated ARB.
1-Arbitrum (ARB):
Stating that the correction in Arbitrum continues, the analyst argued that $ 1.40-$ 1.85 in ARB is a good entry level in the rise to $ 3.
“I mentioned that corrections were taking place in the ARB.
“This zone between $1.40-$1.85 is a good opportunity zone to enter where I would look to buy ARB before a potential rally towards $3.”
2-Chainlink (LINK):
The analyst stated that LINK is ready to rise and that he expects levels of 25-30 dollars.
3-Cosmos (ATOM):
Stating that Cosmos, like Polkadot, is behind, the analyst stated that if ATOM holds on to the area between $ 7.50 and $ 9.00, it may rise to $ 22-26 in the next rise.
4-Sui (SUI):
Stating that there was a general correction in Sui, Poppe stated that the current level is the most suitable area for entry.
“There is also a general correction in Sui, which is a good thing.
Before the upward trend continues, current levels become the most suitable area for entries.
Buy the dips.”
*This is not investment advice.