đ„đ„đ„ #analyst Predicts Rallies for #solana , #Chainlink , #Polygon and Two Additional Altcoins â Here Are His Targets
A well-known crypto strategist is forecasting bullish trajectories for several altcoins, including Solana ($SOL ), Chainlink ($LINK ), Polygon ($MATIC ), and Arbitrum (ARB).
Solana (SOL), the native asset of the smart contract platform, is anticipated to resume an upward trend, with analyst Michaël van de Poppe suggesting a move towards $140. SOL recently bounced from its low of around $79 and is currently trading at $101, reflecting a 6% increase in the past day.
For Chainlink (LINK), the decentralized oracle's native asset, Van de Poppe sees potential for an upward move to $25, considering its ability to hold crucial support levels. LINK is currently valued at $15.83, reflecting a more than 2% increase in the last 24 hours.
Van de Poppe also turns his attention to Polygon (MATIC), the native asset of the blockchain scaling solution. Despite recent underperformance, the analyst expects MATIC to make another upward push, potentially reaching the $1.25-$1.50 region, representing an 85% increase from current levels. At present, MATIC is trading at $0.817.
Arbitrum (ARB), an Ethereum (ETH) scaling solution, is also on the radar. Van de Poppe suggests that ARB is poised for a significant surge after holding the $1.60 level as support. The analyst sees potential for ARB to reach $3-$4, emphasizing its attractiveness in the Layer 2 scaling solutions space. Currently, ARB is valued at $1.86.
Finally, the native asset of the interoperable blockchain Polkadot (DOT) is highlighted by Van de Poppe. Despite a recent pullback, the analyst believes DOT could trigger a rally of over 100%. Currently, DOT is valued at $6.83.
Investors should note that cryptocurrency markets are highly volatile, and price predictions are subject to rapid changes based on market dynamics.
Source - dailyhodl.com