The consolidating crypto market is now known to the masses in the industry. Traders and investors have set up their radars in search of potential altcoins for profitable gains. Meanwhile, the popular crypto analyst gives out entry points for potential altcoins and De-Fi coins.
Entry Zones For These Altcoins Could Hold Higher Profits!
Popular crypto analyst Michael van de Poppe lists out entry zones altcoins in the coming weeks. Which could surge higher in the incoming cycles, and the much-anticipated alt-season.
- Cosmos (ATOM) / BTC Pair: The altcoin has been witnessing weakness in its price trends. The coin had earlier portrayed an impressive breakout. Which enthusiasts have been looking forward to. The coin has been consolidating southwards, and a further downward movement could give entry points. Which the analyst expects to be around 4500 SATS and 3700 SATS.
- Chainlink (LINK): LINK price has been consolidating and is making lower highs, and the analyst expects, it to make a higher low. The digital asset is also making lower lows too. Lower support levels could be an entry zone, to yield higher gains. He is also looking forward to an expansion taking place in 2022.
- Curve (CRV): The De-Fi token is one of the assets which has been trending along sideways for a brief period. CRV is on a sideways path since the September of 2020. The token has not broken through its momentum. An upward price trajectory can be expected with the asset turning deflationary from inflationary. Lower bound regions of support levels could be vital entry points.
- AAVE / BTC Pair: The De-Fi token is correcting heavily, as it rejected the previous support level for resistance. Michael believes the entry zones for AAVE to be around 3790 SATS and 2600 SATS, for healthy returns.
- VeChain (VET): VeChain has been one of the altcoins, which has been gaining prominence alongside fellow altcoins. The digital asset is also moving southwards, and the coin has been witnessing lower highs and lower lows. A retest to the support levels can be expected prior to an upswing. Which holds to be a potential entry zone.
Collectively, the aforementioned altcoins could return higher gains on investments. From the entry zones given by the analyst. In addition, De-Fi projects hold immense potential in the near future. As blockchains foray into the world of De-Fi.
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.
