Cryptocurrency trader Michaël van de Poppe is leaning bullish on a top-10 altcoin by market cap while outlining a path forward for blockchain oracle Chainlink (LINK) and the native asset of the layer-1 blockchain Sui (SUI).
Starting with the third-largest crypto asset by market cap, Van de Poppe tells his 767,000 followers on the social media platform X that payments altcoin XRP could skyrocket by 213 from the current level.
-->According to the widely followed trader and analyst, the “optimal” entry level for a long opportunity on XRP is below $2.80.
“Is $10 possible? Yes.”
Source: Michaël van de Poppe/XXRP is trading at $3.19 at time of writing
Next up is Sui. Van de Poppe says that if Sui’s immediate support holds, SUI could appreciate by approximately 36 from current levels.
“Very simple structure here.
Hold above $4 and we’ll see $6.
Lose this and the entire structure has been destroyed.”
Source: Michaël van de Poppe/XSUI is trading at $4.42 at time of writing.
As for LINK, the widely followed crypto trader says the blockchain oracle “looks great” but could fall by around 19 from the current price if Bitcoin (BTC) turns bearish.
“Perhaps, if Bitcoin has that correction, there’s some more downside to happen to $21 – $22.
From that point, I expect we’ll see upward momentum towards $30 – $35 as the next target region.”
Source: Michaël van de Poppe/XLINK is trading at $25.99 at time of writing.
