Crypto analyst Michaël van de Poppe has identified several tokens that he believes are primed for rebounds. In a series of recent tweets, van de Poppe highlighted promising technical setups for Branded Token ($BRN), Cosmos ($ATOM), Chainlink ($LINK), and Vera ($VRA). He notes key support and resistance levels for each coin to monitor and provides upside price targets based on breaking certain technical levels.
What you'll learn 👉
BRN – BRN Metaverse
Analyzing previous corrections for BRN Metaverse, crypto analyst Michaël van de Poppe has marked the $0.39 price level as a potential support, which is currently holding. Even if $BRN falls to $0.28, the overall market structure remains bullish. He expects $BRN to continue rising towards the next target of $0.90 in the coming weeks.
Key Support Levels
- $0.39
- $0.28
Target Price
- $0.90
ATOM – Cosmos
There are still certain blockchain ecosystems primed to start their next upside move, with ATOM and DOT being two standout candidates, according to van de Poppe. ATOM needs to hold the $8-9 support zone, then the likelihood of breaking previous all-time highs and rallying to $25 increases substantially in his view.
Doge2014 raises 500K in days celebrating Dogecoin. Make potentially big profits and get in on exclusive airdrop!
Show more +Key Support Zone
- $8-9
Target Price
- $25
LINK – Chainlink
A trend switch seems to be taking place as LINK printed a higher low on its recent pullback, according to van de Poppe. He expects the rally to continue towards the most significant resistance zone ahead. Once that is broken, the doors open for a renewed summer of DeFi mania and blue sky breakout.
Key Resistance Zone
- $8-$10
Target Price
- $15+ (breakout)
VRA – Verasity
VRA has been lagging behind the market recently but has found a significant support area that needs to hold, according to van de Poppe. The token needs to break through the $0.006 resistance level, then the likelihood of rallying to new all-time highs increases substantially, in his view.
Key Resistance Level
- $0.006
Target Price
- New highs (>$0.021)
You may also be interested in:
- Here Are Updated Ethereum ETFs Deadlines
- Why Is Celestia’s TIA Up Today? Technicals Suggest a Retracement to These Levels Is Imminent
- Cardano (ADA) Going Down, VC Spectra Surges Ahead, Drawing Closer to the $0.025 Target with a Surge in Trading Volume
We recommend eToro
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.