AVAX And MATIC Predicted To Increase As Chainlink Offers Opportunity Of A Lifetime

Key Points:

• Despite the current pullback, the top analyst feels the trend for smart contract platform Avalanche is still up.
• The price of MATIC could fall to approximately $1.25 before the next step up.

Michael van de Poppe, a popular crypto strategist, predicts positive continuations for a number of altcoins, including Avalanche (AVAX), Polygon (MATIC), and Chainlink (LINK).

Van de Poppe informs that despite the current pullback, he feels the trend for smart contract platform Avalanche is still up.

Difficult chart, it’s in between levels, trend is still up. Great bounce from $18 and looks for continuation. Would be interested between $18-19, targeting $25 or higher.

At the time of writing, AVAX is trading for $20.44, up nearly 13% over the last seven days.

Polygon, a blockchain scaling solution, comes next. According to Van de Poppe, the price of MATIC could fall to approximately $1.25 before the next step up. But, he also claims that MATIC might just continue to rally around its immediate opposition.

Slight correction took place, continuation towards next resistance around $1.65. If there’s a dip towards $1.25-1.35, then I’m assuming we’ll be buying for continuation on the rally. Trend is simple.

At the time of writing, MATIC is worth $1.38, up more than 13% in the last seven days.

Chainlink, a decentralized oracle network, is another altcoin on analysts’ radar. According to Van de Poppe, LINK currently offers an “opportunity of a lifetime.”

Slightly breaking out, if we get a retest around $7.80 I would be happy to long, resistance around $8.50-9.00, before we continue towards $15-20.

At the time of writing, LINK is trading for $7.71, increasing nearly 15% over the week.

Van de Poppe is also interested in the smart contract protocol Fantom (FTM), which he predicts will correct further before resuming its upswing.

Gave a substantial correction towards $0.42. Massive bounce of 40% from there. Looking at a case of $0.48 as a potential entry, might already been hit at $0.52. Continuation upwards seems likely.

At the time of writing, FTM is worth $0.54, which increased by 5.8% over the week.

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