Well-known analyst Michaël van de Poppe outlines the potential way forward for Shiba Inu (SHIB), THORChain (RUNE) and three other Altcoins.
The analyst told his 475,800 Twitter followers that he is reviewing two possible scenarios for Shiba Inu over the next few days.
“SHIB lies between two important levels. Correction to the green ($ 0.00043) = potential trade. Turn the red zone ($ 0.000062) into support = potential trade. Very easy”.
SHIB / USDT 4-hour chart | The source: Van de Poppe / Twitter
Next comes the decentralized exchange THORChain. The analyst outlines two potential buy zones for the RUNE / BTC pair.
“The pair could make a higher low in any of these zones and continue the uptrend.”
Daily RUNE / BTC chart | The source: Van de Poppe / Twitter
Looking at Van de Poppe’s chart, RUNE / BTC could rebound from 0.0002 BTC ($ 13.51) or drop further to 0.00015 BTC ($ 10.13) to hit a local low.
Another coin on the list of analysts is the high-throughput Zilliqa blockchain. Van de Poppe said he expected Zilliqa to consolidate further on the Bitcoin (ZIL / BTC) pair before breaking the next resistance and approaching its target of 0.00000257 BTC (USD 0). , 17th
“No sign of strength yet. The pair could consolidate further before breaking out. “
ZIL / BTC daily chart | The source: Van de Poppe / Twitter
The next coin on the analyst’s radar is the Reserve Rights Token, a blockchain project that provides a payment solution by issuing a stablecoin. Van de Poppe said the RSR / BTC pair could rise more than 72% from the current price to 0.000112 BTC ($ 0.07).
“Looks like the pair will continue to climb from here.”
Daily RSR / BTC chart | The source: Van de Poppe / Twitter
The final coin is Dent (DENT) mobile data exchange, which, according to Van de Poppe, is on the verge of breaking through an important area of resistance.
“Dent shows signs of strength with multiple challenges against the main resistance. Flip $ 0.008 to support it could go up 40% after that. “
DENT / USDT daily chart | The source: Van de Poppe / Twitter
You can see the price of the coin Here.
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Disclaimer: This article is for informational purposes only, not investment advice. Investors should research carefully before making a decision. We are not responsible for your investment decisions.
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