Renowned crypto trader Michaël van de Poppe has expressed an optimistic perspective regarding the potential for significant price increases in XRP, SUI, and Chainlink, three leading altcoins by market cap. According to him, these cryptocurrencies are poised for notable upward movements in the near term.
What Are the Price Predictions for XRP?
Van de Poppe projected that XRP, currently the third-largest cryptocurrency, could experience a remarkable rise of 213%. He advised traders to seek entry points below the $2.80 threshold to maximize gains.
“Is $10 possible? Yes.”
Can SUI Maintain Its Support Level?
He further noted that SUI could see a value increase of around 36% if it holds its current support at $4. Should it drop below this crucial level, the setup could come under serious threat.
“There’s a very straightforward structure here. If it stays above $4, we’ll see $6. If it loses this level, the entire structure will break down.”
Chainlink also holds potential, but Van de Poppe warned that it might face a 19% dip if Bitcoin‘s performance falters. Nevertheless, he expects a rebound for Chainlink to the $30-35 range post-correction.
- XRP could surge by 213% if bought below $2.80.
- SUI may rise 36% if it remains above $4.
- Chainlink might decline to $21-22 before recovering to $30-35.
Traders should remain vigilant, as the dynamics of the crypto market can influence these predictions. While opportunities exist, the inherent volatility demands careful consideration and individual risk assessment.