Bitcoin price broke the narrow range formed on Saturday and rose above $69,500 today. At the time of writing, BTC is trading at $69,678. A popular analyst closely followed by altcoin investors shared his latest market predictions a few hours ago. Which altcoins does he target and at what levels? Here are the details.
FTM Coin Price Prediction
Michael Poppe is a well-known figure among crypto investors, and his market predictions sometimes succeed. Of course, like other people, he does not have the ability to see the future. Using technical analysis, Michael Poppe shared the following chart for FTM Coin and said:
“It consistently makes lower highs and lower lows. It has tested the $0.60 support multiple times, and a breakout seems likely. In this case, I have two areas of interest for swing trading in the upcoming period. Stay tuned!”
FLOKI Coin Expert Commentary
One of the largest meme coins, FLOKI Coin, paused its rally during the recent market fluctuations. Poppe, who closely follows this cryptocurrency, believes it could reach new highs in bull markets. Michael recently wrote the following about FLOKI:
“It has increased by 1200% since the beginning of this run and performed a liquidity sweep above the previous high. The risk of a heavy correction is higher than an upward continuation. I would only be interested after a 30-40% correction, but not here.”
The analyst advises not to rush.
Chainlink (LINK) Analyst Prediction
It is one of his favorite altcoins, and he constantly says its price is cheap. While LINK Coin searches for new lows below $10, Poppe keeps saying this is the last opportunity. For Chainlink (LINK), a strong player in the RWA field, he wrote:
“Chainlink is largely undervalued at this point.
We hope we are at the lowest point of the cycle and looking at the last ‘easy’ time to step into these altcoins.
Rotation usually starts from June, and in previous years LINK has provided a 150% return.”
SUI Coin Price Prediction
Finally, there is SUI Coin. While the number of its competitors is rapidly increasing, the popular altcoin has somewhat fallen into the shadows. However, Michael Poppe has not forgotten it. The expert shared the following chart, highlighting the possibility of $1.6.
“It made a higher low, and if momentum provides a breakout above $1.17, it expects to continue towards $1.60.”
