Crypto analyst and strategist Michael van de Poppe, who is closely followed, summarized the current situation of XRP (XRP), Chainlink (LINK), and the controversial new altcoin Worldcoin (WLD) and shared his expectations in the short term. Here’s what the analyst said about XRP, LINK, and WLD.
Starting with the cross-border payment solution altcoin, Michael van de Poppe said that he expects XRP to show strength and stated, “It made a complete comeback after winning the SEC case. Personally, I am already buying the strength it will show. I expect a breakout above $0.54. Such a retest will remain a great retest for a long time.”
Looking at the price chart shared by the analyst, it can be seen that he expects XRP to reach above $0.70 if it surpasses $0.54. XRP is currently trading at $0.513 at the time of writing this article.
After XRP, Van de Poppe switched to the local presence of the decentralized oracle network Chainlink, LINK, and noted that the leading altcoin is likely preparing for an upward trend after bouncing from its September low level of $5.76. He said:
It is showing upward momentum, and I think it hit the bottom. We need to evaluate the retest for buying LINK. If it retests $6.15-6.40, there will be an upward movement towards $8.
Looking at the chart, it can be seen that the analyst predicts LINK can rise up to $8.59. The popular altcoin is currently trading at $6.86 at the time of writing this article.
The latest altcoin on the investor’s radar is Worldcoin, a cryptocurrency project that has sparked debates on privacy with its use of iris scanning technology. Van de Poppe believes that WLD is still in a downtrend but can also offer opportunities for short-term rises:
I expect a retest of the last bottom to buy WLD. There was a significant upward movement since the last retest. My initial buy level will be $1.35, and my main buying zone will be $1.11.