Analysis

Top 3 Tokens That We Can Expect A Strong Rally Soon: Polygon (MATIC), Polkadot (DOT) and Fantom (FTM)

Polygon, Polkadot and Fantom

Polygon (MATIC), Polkadot (DOT), and Fantom (FTM) are expected to rally strongly, according to popular crypto expert Michaël van de Poppe.

Polygon, an Ethereum scaling solution, is set for a rebound after successfully establishing support of around $1.20.

“Looks like we’ll be testing some higher levels as long as fundamentals remain like they are now. In that case, [a] $2 test might be possible,” he stated.

Polkadot (DOT) is another one on the trader’s list of coins to watch. Polkadot is currently trading at $16.98 and according to Van de Poppe, DOT might rally by 55% and test $27.04 resistance.

Fantom, an open-source smart contract platform, comes next. After respecting support at $1.25, he expects FTM to surge to at least $1.90. FTM is now trading at $1.5871.

“Same view on FTM here which is showing a heavy bounce from support. Expect tests to be happening at $1.90 and possibly $2.25, and then we’ll have to see.”

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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