Altcoins View Non-AMP

Here Are The Next Levels For Zilliqa (ZIL), Ethereum (ETH), and Fantom (FTM)

Written by: Nidhi Kolhapur

June 24, 2022

After the recent market crash, bitcoin was able to maintain its price of over $20,000 and even rose as high as $21,000. The gains for the altcoins have also been impressive over the last day, with XRP taking the lead after gaining 12 percent in the last 24 hours. 

The bulls have been attempting to regain some of BTC’s lost territory following last week’s severe fall, which resulted in an 18-month low at $17,500 on Sunday. The majority of altcoins are still working to make up for some of their recent losses.

After another 8.5 percent daily climb, Ethereum today appears to be well beyond the $1,200 threshold where it had been struggling for some days.

Michael van de Poppe, a well-known analyst, is evaluating three cryptocurrency assets for possible entry points and laying out his price targets.


The trader claims that if enterprise-solution blockchain Zilliqa (ZIL) can establish support above $0.0375, it may break out toward the $0.05 level. Personally, he would target about $0.048 and would be looking at $0.0355 to $0.0375 for longs.


Leading smart contract platform Ethereum is listed next by the analyst. When taking into account a high time frame (HTF), he examines ETH on the Bitcoin trading pair and highlights the potential for a bullish divergence, a metric where a lower low appears on the price chart but a comparable indication displays a higher low.

He is currently considering new HTF-based support. If bullish divergence persists, anticipate a retest at 0.058 BTC or even between 0.063 and 0.065 BTC.


Enterprise-grade blockchain platform Fantom is the last coin on the trader’s radar (FTM). Van de Poppe says he’ll be keeping an eye on the altcoin in the long run, noting that by breaking through multiple crucial resistance areas, it might more than double from current levels.

“Let’s look at the higher time frames. Needs to break $0.34 and then $0.54 and $0.68 are open.”

Nidhi Kolhapur

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

Recent Posts

Macro Strategist Lyn Alden Remains Long-Term Bullish on Bitcoin

The price of bitcoin fluctuates frequently and unpredictably. And because of this, it's possible that…

August 16, 2022

How VertoChain, Tezos, and Avalanche are Revolutionising Decentralised Finance Solutions

Centralisation has been the backbone of financial transactions since money and commodities became widely tradable…

August 15, 2022

Fancythattoken: A One-Stop-Shop For Your Daily Life Services

As the crypto landscape continues to evolve, one clear theme has emerged as a constant…

August 15, 2022

Shiba Inu To See Massive Rally Soon! Here’s What SHIB Holders Can Expect In Coming Week

Shiba Inu has hit the spotlight once again after experiencing a weekend increase of roughly…

August 15, 2022

Bitcoin (BTC) Price Might Enter Major Bearish Trend If This Scenario Playsout

The price of bitcoin (BTC) increased last week as inflation and growth worries were allayed…

August 15, 2022

Terraform labs founder Do Kwon’s First Interview After the Meteoric fall

The Terra network and its founder Do Kwon reached the pinnacle of the cryptocurrency market…

August 15, 2022