Crypto strategist Michaël van de Poppe has shared his predictions for the future of XRP, Chainlink (LINK), and a controversial new altcoin. He believes that XRP will experience a full retracement after winning the SEC case, and he is waiting for signs of strength before buying. He is looking for a breakout above $0.54, with a retest at that level being a good opportunity for longs. Van de Poppe predicts that if XRP breaks its immediate resistance at $0.54, it could rally above $0.70. Currently, XRP is trading at $0.513.
Regarding Chainlink, Van de Poppe believes that it is gearing up for a bullish continuation after bouncing from its September low of $5.76. He sees upward momentum and suggests buying retests. If Chainlink retests the $6.15-6.40 range, he sees it as an entry point towards $8. According to his chart, LINK could potentially reach as high as $8.59. Currently, Chainlink is valued at $6.86.
Lastly, Van de Poppe discusses Worldcoin (WLD), a controversial crypto project that uses iris-scanning technology. He believes that WLD is still in a downtrend but may offer opportunities for short-lived rallies. He suggests looking for a retest lower to initiate a trade. His aggressive approach would be to enter around the $1.35 area, while a less aggressive approach would be around $1.11. Currently, WLD is trading at $1.38.
It is important to note that these are Van de Poppe’s opinions and not investment advice. Investors should conduct their own research and exercise caution when making high-risk investments in cryptocurrencies or digital assets.