Crypto strategist predicts the future of altcoins Pepe, Chainlink, Avalanche, and Verasity as bears control Pepe and LINK trades sideways while AVAX may experience a bullish surge and VRA approaches a potential support level.
A broadly followed cryptocurrency strategist is predicting what’s next for a handful of crypto altcoins, including Pepe (PEPE), Chainlink (LINK) and Avalanche (AVAX) (AVAX).
Analyst Michaël van de Poppe tells his 657,100 Twitter followers that cryptocurrency bears are still in control of the memecoin Pepe.
Van de Poppe reveals that Pepe’s downtrend will likely persist unless bulls reclaim a key price level.
“This chart continues the downtrend, which implies that every block of resistance is basically an area to short, just like the $0.0000016 area.
I’d prefer to see that reclaimed, if you want to long, otherwise short until $0.00000147 and $0.00000115 or even $0.00000085.”