Here’s what’s next for Ethereum’s 5 rivals, according to Michaël van de Poppe

Prominent strategist and trader Michaël van de Poppe takes a look at what’s in store for ETH competitor AVAX and four other altcoins.

According to him, a key resistance area for AVAX could trigger a rally for the smart contract platform if it can be broken.

“Need to break resistance at $80. If successful, a new bull run seems possible. Until then, it’s time to collect.”

AVAX/USDT | The source: Van de Poppe

Next is Harmony (ONE), a blockchain project that allows users to create decentralized applications. Looking at the ONE/BTC chart, Van de Poppe predicts the pair is poised to rally after hitting the support at 0.00000469 BTC or $0.18.

“There will definitely be some upswing from this space. My personal point of interest is in the 350 sats (0.00000035 BTC or $0.13) range.”

ONE/BTC | The source: Van de Poppe

Another coin on the dealer list is the payment infrastructure platform COTI. Van de Poppe expects COTI to form a bullish higher bottom against Bitcoin before launching a 35 percent rally towards its 0.00001 BTC ($0.38) target.

“This level is currently acting as resistance. Flip it = tradable. If not, you should test around 740 sats (0.000074 BTC or $0.28) for a possible long entry.”

COTI/BTC | The source: Van de Poppe

Van de Poppe is also eyeing Hathor Native Asset (HTR), a scalable crypto alternative that combines directed graph (DAG) technology with decentralized blockchain technology. According to Van de Poppe, HTR/BTC is on the verge of reaching the critical support area at 0.0000148 BTC or $0.57.

“The reach to buy HTR is coming.”

SUPPORT/BTC | The source: Van de Poppe

The final coin on a trader’s list is the Litecoin peer-to-peer (LTC) payment network. According to him, while LTC/BTC is still in a downtrend, he is considering a possible scenario in which the pair could surge 17%.

“Look for a flip of 350-300 sats (0.00305-0.0031 BTC or $117.01-118.93) for a potential long trigger. Until then, it doesn’t matter.”

LTC/BTC | The source: Van de Poppe

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