Discover the top 3 altcoins to buy in Feb 2024 with insights from a leading crypto expert!
In the wake of the approval of Spot Bitcoin ETFs, the cryptocurrency market witnessed a surge, propelling Bitcoin beyond the US$45,000 mark. The cryptocurrency market is always evolving, and it can be challenging to keep up with the latest trends. However, Michael Van de Poppe, a prominent crypto analyst and Bitcoin enthusiast, has shared insights on the future trajectory of several altcoins in the space. Here are the top 3 altcoins buy in February 2024:
Solana’s Potential Surge:
According to Van de Poppe’s analysis of the top 3 altcoins, Solana’s consolidation phase followed a significant decline from its 2023 peak of over US$123 to its current value of US$95.81. He suggests that Solana is gearing up for a higher time frame support test at US$80, with the potential to surge to new highs, possibly reaching US$140.
MATIC’s Upcoming Rally:
The crypto analyst delves into the historical performance chart of Polygon’s native token, MATIC. Despite recent underperformance, Van de Poppe notes that MATIC has maintained higher time frame support levels with established liquidity. His forecast anticipates an upcoming upward movement, projecting MATIC’s price to range between US$1.25 and US$1.50, offering investors a potential opportunity. Currently, MATIC is trading at US$0.789, reflecting a 2.39% decline in the past 24 hours.
Chainlink’s Momentum:
Van de Poppe’s attention extends to Chainlink’s native token, LINK, emphasizing its consistent retention of crucial price levels. The analyst predicts an impending upward momentum for LINK, setting a target price of US$25. As of now, LINK is priced at US$14.65, indicating a 0.12% increase in the last 24 hours.
