Market Analyst Reveals Growth Potential for XRP, Chainlink, and a Lesser-Known Low-Cap Altcoin
In his analysis, crypto strategist Michaël van de Poppe shares insights on the future outlook of XRP, Chainlink (LINK), and the contentious altcoin, Worldcoin (WLD).
For XRP, Van de Poppe anticipates a resurgence, particularly eyeing a breakout above $0.54 as a sign of strength after the SEC case. He suggests that a retest at this level could present a favorable opportunity for long positions, with the potential for XRP to rally above $0.70. Presently, XRP is trading at $0.513.
Turning to Chainlink, the analyst notes its potential for bullish momentum after bouncing back from its September low of $5.76. He emphasizes the readiness to buy retests, particularly if LINK retraces to the $6.15-6.40 range, with a target of $8. At the time of writing, Chainlink’s value stands at $6.86.
Lastly, Van de Poppe discusses Worldcoin (WLD), highlighting its ongoing downtrend while suggesting short-lived rally opportunities. He recommends considering entry points, potentially at the $1.35 area for an aggressive approach or $1.11 for a less aggressive strategy. Worldcoin remains a controversial crypto project known for its use of iris-scanning technology.
Clever Robot News Desk 21st September 2023