{"id":18750,"date":"2022-06-03T09:26:34","date_gmt":"2022-06-03T09:26:34","guid":{"rendered":"http:\/\/egrowonline.com\/?p=18750"},"modified":"2022-06-03T09:26:34","modified_gmt":"2022-06-03T09:26:34","slug":"ethereum-rival-flashing-bullish-signal-while-chainlink-showcases-rare-opportunity-crypto-strategist","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=18750","title":{"rendered":"Ethereum Rival Flashing Bullish Signal While Chainlink Showcases Rare Opportunity: Crypto Strategist"},"content":{"rendered":"


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Popular strategist Micha\u00ebl van de Poppe is analyzing four leading altcoins as the crypto market continues to range.<\/p>\n

Starting with the native token of decentralized applications blockchain Avalanche (AVAX), Van de Poppe tells<\/a> his 606,600 Twitter followers that AVAX is exhibiting signs of bullish divergence on the daily chart.<\/p>\n

The crypto strategist says AVAX could surge by over 60% from current levels.<\/p>\n

\u201cAVAX<\/em><\/p>\n

Potential bullish divergence here on the daily, through which continuation towards $40 area is possible with the current market.<\/em><\/p>\n

However, overall assuming we\u2019ll go into an accumulation phase with multiple support zones beneath us.\u201d<\/em><\/p>\n

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

Avalanche<\/a> is trading for $23.76 at time of writing.<\/p>\n

Next up is Chainlink (LINK), a decentralized oracle network allowing smart contracts to access off-chain data.<\/p>\n

Van de Poppe says<\/a> Chainlink is likely to continue the upward trend but investors will get a once-in-a-lifetime opportunity if the price goes lower.<\/p>\n

\u201cLINK<\/em><\/p>\n

So far, so good.<\/em><\/p>\n

Looks to me that we\u2019re getting continuation towards $9 or $10 here.<\/em><\/p>\n

And yes, $6 is still [a once]-in-a-lifetime opportunity to buy LINK.\u201d<\/em><\/p>\n

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

Chainlink<\/a> is trading for $7.06 at time of writing.<\/p>\n

The crypto strategist also examines two other altcoins \u2013 Cardano (ADA) and decentralized finance platform Curve DAO (CRV).<\/p>\n

Van de Poppe says<\/a> that CRV could fall by over 10% from current levels and hit a price of $1.09 after having failed to break above a key resistance level.<\/p>\n

\u201cCRV<\/em><\/p>\n

Searching for a retest here after rejecting at $1.45.\u201d<\/em><\/p>\n

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

Curve<\/a> is trading for $1.25 at time of writing.<\/p>\n

The crypto analyst and trader says<\/a> potential entry opportunities for Cardano lie between $0.51 and $0.55.<\/p>\n

\u201cADA<\/em><\/p>\n

Looking at levels here around $0.51-0.55 for a bounce play as it rejected heavily on the resistance at $0.67.\u201d<\/em><\/p>\n

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

Cardano<\/a> is trading for $0.58 at time of writing.<\/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\/Liu zishan\/Natalia Siiatovskaia<\/em><\/span><\/p>\n<\/p><\/div>\n


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Popular strategist Micha\u00ebl van de Poppe is analyzing four leading altcoins as the crypto market continues to range. Starting with the native token of decentralized applications blockchain Avalanche (AVAX), Van de Poppe tells his 606,600 Twitter followers that AVAX is exhibiting signs of bullish divergence on the daily chart. The crypto strategist says AVAX could […]<\/p>\n","protected":false},"author":1,"featured_media":18751,"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":[41],"tags":[359,681,62,158,2543,99,5573,629,8696,3785,3073],"class_list":["post-18750","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-bullish","tag-chainlink","tag-crypto","tag-ethereum","tag-flashing","tag-opportunity","tag-rare","tag-rival","tag-showcases","tag-signal","tag-strategist"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/06\/Crypto-Strategist-Says-One.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/18750","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=18750"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/18750\/revisions"}],"predecessor-version":[{"id":18752,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/18750\/revisions\/18752"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/18751"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18750"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18750"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18750"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}