Analysis

Here’s what’s coming for ADA, FTM and ONE, according to KOL Michaël van de Poppe

Crypto strategist Michaël van de Poppe outlines what he thinks will happen to Ethereum competitors Cardano (ADA), Fantom (FTM) and Harmony (ONE) in the near future.

The analyst told his 564,600 Twitter followers that smart contract platform Cardano needs to hit critical levels again to trigger a 25% gain.

“This move led to a false breakout above $1.50. Dumping back within reach. To retest the $1.50 zone, ADA must first reclaim $1.20″.

The source: Van de Poppe/Twitter

At the time of writing, ADA is trading at $1.04.

Next is Fantom, a highly scalable blockchain platform for DeFi, decentralized applications (DApps) and enterprise applications. Looking at the Bitcoin (BTC) pair, Van de Poppe says that the FTM/BTC pair managed to hold the critical support at 0.00005 BTC ($1.81) and now the resistance level at 0.000068 BTC ($2.48) must overcome to continue rally.

“The pair lost the 6800 sats zone and went straight into the 5100-5400 sats zone. The price has strongly recovered from the support area and is now able to trade inside it. Breaking will create a new wave of momentum.”

The source: Van de Poppe/Twitter

At the time of writing, the FTM/BTC pair is trading at 0.0006 BTC, or $2.17.

The final coin on the analyst’s radar is Harmony, a blockchain focused on powering a decentralized economy. According to Van de Poppe, Harmony could surge higher on the Bitcoin (ONE/BTC) pair after respecting the support area of 0.000005 BTC or $0.18.

“If you’re looking to collect more ONE, this may be the area you’re looking for.”

The source: Van de Poppe/Twitter

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Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.