Popular analyst Michael van de Poppe, known for his predictions for Bitcoin and altcoins, shared with his followers the levels to follow in four altcoins.
Having examined Chainlink ($LINK), Arbitrum ($ARB), $TAO and $INJ, Poppe first evaluated $ARB.
1-Arbitrum ($ARB)
Stating that the important levels for Arbitrum are $ 1.15 and $ 0.91, Poppe said that $ARB increased but experienced a correction from the level of $ 1.15. However, Poppe stated that $ARB is looking for new peaks from here to $1.36 and will reach them.
2-Injective ($INJ)
Stating that Injective shows great strength, the analyst said that if $INJ is to make a retest, the $ 15.30-15.75 region must be kept.
The analyst stated that if there is a correction in this area and this area is held, this area is a long-term entry zone.
Poppe recently stated that if $INJ breaks the $19 high, the price could reach $22.
3-Chainlink ($LINK)
Stating that Chainlink showed great strength along with the markets, the analyst said that if there is a correction to the level of $ 12.50-13.20 and it holds, $ 20 will be seen in $LINK.
Request 03 – $LINK
Massive strength on the markets, and also on Chainlink.
I'm not sure whether we'll be seeing the level at $12.50-13.20.
If we do, then I'm interested to buy the dip before $LINK goes to $20. pic.twitter.com/ipd8C9p1jj
— Michaël van de Poppe (@CryptoMichNL) November 16, 2023
4-$TAO
Finally, the analyst who examined $TAO stated that $TAO is one of the top earners recently.
According to the analyst, $TAO appears as a very promising project for the coming period.
“The entry level for $TAO for trading purposes may be at $158. However, if there is a decline, $135-145 would be a good entry level. $TAO will continue to rise and the first target for $TAO will be $210-220.”
Request 04 – $TAO
One of the largest gainers recently and is, to me, a very promising project for the upcoming cycle.
For trading purposes; an agressive entry can be taken at $158, but defensive $135-145 with a first target of $210-220. pic.twitter.com/gp0jPFTNKh
— Michaël van de Poppe (@CryptoMichNL) November 16, 2023
*This is not investment advice.
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