{"id":14956,"date":"2022-04-26T09:17:57","date_gmt":"2022-04-26T09:17:57","guid":{"rendered":"http:\/\/egrowonline.com\/?p=14956"},"modified":"2022-04-26T09:17:57","modified_gmt":"2022-04-26T09:17:57","slug":"heres-whats-next-for-ethereum-rivals-polkadot-near-and-two-additional-altcoins-according-to-top-analyst","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=14956","title":{"rendered":"Here\u2019s What\u2019s Next for Ethereum Rivals Polkadot, NEAR and Two Additional Altcoins, According to Top Analyst"},"content":{"rendered":"


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Widely followed crypto analyst Micha\u00ebl van de Poppe is mapping out what\u2019s in store for four altcoins including Ethereum challengers Polkadot (DOT) and Near Protocol (NEAR).<\/p>\n

Van de Poppe tells his 587,800 Twitter followers that interoperable blockchain Polkadot must take out its immediate resistance to have a shot at a 35% surge.<\/p>\n

\u201cVery simple chart. Needs to break $20 and then $27 seems next.\u201d<\/em><\/p>\n

\"Image\"
Source: CryptoMichNL\/Twitter<\/a><\/figcaption><\/figure>\n

At time of writing, Polkadot<\/a> is exchanging hands for $18.21.<\/p>\n

Next up is Near Protocol, a developer-focused blockchain designed for scalability and stability. According to Van de Poppe, he\u2019s looking at Near to establish support around $13 with resistances at $17.70 and $20.<\/p>\n

\u201cThis one didn\u2019t change. I\u2019m still interested in longing this one around the region of $13.\u201d<\/em><\/p>\n

\"Image\"
Source: VCryptoMichNL\/Twitter<\/a><\/figcaption><\/figure>\n

NEAR<\/a> is valued at $15.03 at time of writing.<\/p>\n

Another coin on the trader\u2019s list is VeChain (VET), a blockchain platform designed to help companies optimize their supply chains. Van de Poppe says he\u2019s looking at two bullish scenarios for VET.<\/p>\n

\u201c- Either $0.058 flip would be a great long for some upside continuation.<\/em><\/p>\n

\u2013 Or I\u2019m looking at $0.05 as a level next for support to test.\u201d<\/em><\/p>\n

\"Image\"
Source: CryptoMichNL\/Twitter<\/a><\/figcaption><\/figure>\n

VeChain<\/a> is currently trading for $0.05, up nearly 5% in the last 24 hours.<\/p>\n

The last coin on the analyst\u2019s radar is STEPN (GMT), a lifestyle token that equips users with non-fungible token (NFT) sneakers and rewards them for taking steps in the real world.<\/p>\n

According to Van de Poppe, GMT must stay above $3.20 to avoid a heavy corrective move.<\/p>\n

\u201cThis one is looking ready for continuation, but I\u2019d be chasing some trades in the $3.20 region. If that one is lost, I think the fall can be quite heavy, so I\u2019d be targeting [the] $3.20 region for some scalp longs.\u201d<\/em><\/p>\n

\"Image\"
Source: CryptoMichNL\/Twitter<\/a><\/figcaption><\/figure>\n

At time of writing, GMT is valued at $3.31.<\/p>\n

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n

Featured Image: Shutterstock\/zeber\/Sensvector<\/em><\/span><\/p>\n<\/p><\/div>\n


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Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Widely followed crypto analyst Micha\u00ebl van de Poppe is mapping out what\u2019s in store for four altcoins including Ethereum challengers Polkadot (DOT) and Near Protocol (NEAR). Van de Poppe tells his 587,800 Twitter followers that interoperable blockchain Polkadot must take out its immediate resistance to have a shot at a 35% surge. \u201cVery simple chart. […]<\/p>\n","protected":false},"author":1,"featured_media":14957,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[42],"tags":[2014,200,646,158,164,269,1014,114,677],"class_list":["post-14956","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","tag-additional","tag-altcoins","tag-analyst","tag-ethereum","tag-heres","tag-polkadot","tag-rivals","tag-top","tag-whats"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/04\/next-rival-polkadot.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/14956","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14956"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/14956\/revisions"}],"predecessor-version":[{"id":14958,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/14956\/revisions\/14958"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/14957"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14956"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}