Popular crypto strategist Michaël van de Poppe is predicting what’s coming for three altcoins including Binance Coin (BNB) and Polkadot (DOT).
Van de Poppe told his 643,000 followers on Twitter that BNB (the utility token of cryptocurrency exchange Binance) must be destroyed immediately to spark the next leg up.
Otherwise, the analyst says he’s waiting for BNB to pull back to support at $265.
“Two levels of interest for this one as well. The level of $295 would allow for continuation. Secondly, I’d be looking at a long around $265 if possible.”
BNB is currently changing hands for $290.53 as of the writing.
Van de Poppe believes that DOT could be a long-term opportunity for bulls by looking at Polkadot’s interoperability protocol.
“I’m not interested here for trades, but I’m definitely interested for my investment portfolio as current values are extremely low. I’ll be looking for trades if the low is swept and a reclaim is happening with a bullish divergence or $6 reclaim.”
At the time of writing, DOT’s value is $5.29
Another coin on the trader’s radar is Fetch.ai (FET), a platform that aims to bring together technologies such as machine learning, artificial intelligence and blockchain. Van de Poppe says that the altcoin is showing tremendous strength after it rallied by more than 87% last week.
“I’m not interested here, but I’ve got a few regions of interest, which are: $0.0925 [and] $0.079.”
FET traded at $0.09 at the time this article was written, down more than 10% over the past 24 hours.
Van de Poppe claims that Bitcoin (BTC), the king crypto, is currently receiving support at $17,000
“Area is holding so far on Bitcoin.”
Looking at the analyst’s chart, he appears to be looking at $18,131 as a possible short-term target for BTC.
BTC currently trades for $17.181 at the time of writing
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Featured image: Shutterstock/Vanessa SG/Natalia Siiatovskaia