Alt Coin

One Altcoin Is Presenting ‘Massive Opportunities,’ According to Crypto Analyst Michaël van de Poppe

Popular crypto dealer Michaël van de Poppe says one enterprise-focused altcoin is likely to be nearing a price zone that might make for an efficient entry.

Van de Poppe tells his 556,100 Twitter followers that VeChain (VET) is “looking at some massive opportunities.”

VeChain is a cryptocurrency and blockchain platform constructed for enterprise options to assist firms optimize their provide chains.

Van de Poppe stated on Monday that $0.075 would act as a “trigger” for VET. The Thirty fifth-ranked crypto asset by market cap has already surpassed that degree since he revealed his video and is buying and selling at present at $0.077535. It’s up 4.56% up to now 24 hours however nonetheless down practically 12% from the place it was priced one week in the past.

Source: CryptoMichNL/Twitter

Van de Poppe isn’t the one dealer who’s been bullish on VeChain just lately. Last week, crypto analyst Justin Bennett stated VET might skyrocket a number of occasions above its present price.

“As long as it’s above that $0.06 area, I’m still bullish on VET over the next year, and I think if we get above $0.10, that $0.103 cent area, then I do think we get that move back toward the $0.12 region, and potentially $0.15 and then some.”

Bennett additionally famous that if VET does take off this 12 months, potential breakout areas may very well be as excessive as $0.38-$0.40.

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Disclaimer: Opinions expressed at The Daily Hodl should not funding recommendation. Investors ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your personal danger, and any loses you might incur are your duty. The Daily Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Daily Hodl an funding advisor. Please be aware that The Daily Hodl participates in online marketing.

Featured Image: Shutterstock/ZinetroN/Andy Chipus

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