Altcoins

Top Altcoins That are Poised to Outperform Bitcoin

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Micheal Van De Poppe drops a list of 5 altcoins that can outperform the king coin “ Bitcoin”. He is positive and optimistic about these altcoins and he is also hinting towards a bullish rally. In a series of tweets he tells his 207,700 followers that he’s keeping a close watch on these 5 altcoins.

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Since the beginning of this bull run, Litecoin has been flying under the radar. DeFi has become the talk of the industry, but the ten-year-old cryptocurrency has been quiet. This hasn’t prevented investors, as the price of LTC has risen by 550% in the last year.

Well, the overall trend is bullish and according to Van De Poppe Litecoin has started showing signs that it may be ending its three-year downtrend against Bitcoin (BTC).

As of writing LTC/BTC was trading at 0.004247. And LTC/USD was sitting at $257 with a 2.53% price dip in the last 24 hours.

Tezos (XTZ/BTC) is another coin on Van de Poppe’s radar, as the pair is bottoming out with the ability to ascend from 0.0001 to 0.00019, a 90% gain.

Tezos price seems to have finalized its consolidation period and is ready for a new leg up. And according to the analyst Tezos is already good to go, and there are a few points of interest for map entries. A new impulse wave and he hints that a bull cycle could begin if the resistance zone is broken.

Tezos price today is $6.41 XTZ price is down -0.8% in the last 24 hours.

Celer Network, a scaling framework, comes next (CELR). CELR/BTC is reaching a possible entry point at about 0.0000009, where it could reverse and rise to 0.000002 for gains of over 122%, according to the crypto trader.

“This one is consolidating here after an impulse move and I think we’ll see some more consolidation. After that period, big impulse wave and likely 200+ satoshis.”

Celer Network price today is $0.065352. CELR price is up 3.0% in the last 24 hours.

Ocean Protocol (OCEAN/BTC), a data-sharing blockchain, is ranked fourth. According to the crypto analyst, OCEAN will continue to rise against BTC, with gains of over 35% from 0.000028 to 0.000038.

“Bullish continuation here in which I assume we’ll see that continuing if 2,700-2,800 satoshis holds. If that happens, the next target zone [is] around 3,800 satoshis.”

Ocean Protocol price today is $1.72. The price is down -2.0% in the last 24 hours.

The privacy-focused crypto asset Komodo (KMD/BTC) is the final coin on Van de Poppe’s radar. According to the crypto trader, the KMD/BTC pair could keep support at 0.00005 in order to make a higher low and continue its bullish ascent to 0.00012, resulting in a 140% rise.

This one according to him is about to embark on a new bull run. The region between 500 and 575 satoshis is where he will be looking for submissions. The next zone being 1,200-1,300 satoshis if that holds.

Komodo price today is $3.58. KMD price is up 0.3% in the last 24 hours.

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Disclaimer : The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of Coinpedia. Every investment and trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

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