Michael van de Poppe, a popular cryptocurrency analyst, shared his analysis of various altcoins in his latest Youtube video. In the middle of these altcoins were BNB Coin (BNB), Mask Network (MASK), Dogecoin (DOGE), Polygon (MATIC), and Chainlink (LINK). Here are the analyst’s comments…
Analyst; Points to possible pullback for LINK and DOGE
The crypto analyst talked about Dogecoin, which attracted attention last week with the acquisition of Twitter by Elon Musk. Koindeks.com As we have also reported, DOGE’s cost jumped significantly with Elon Musk’s takeover of Twitter. Although it is currently seeing a slight pullback, it is up close to 60 percent on a weekly basis. The analyst says that those who invest in the chest coin should be patient. Specifically, it points to $0.13 in DOGE. He states that after the coin exceeds $ 013, investors should be careful. DOGE is currently changing hands at $0.12, down 3.4 percent.
The analyst also conveyed his comments on Chainlink, which has now changed hands for around $ 8 . The analyst noted a level of $11 for LINK. However, he states that LINK can be withdrawn to the level of $ 7.8 before rising. LINK is currently trading at $8.70, up 0.4%. The cryptocurrency has gained as much as 14.8% in the last seven days.
What are the prospects for BNB and MATIC?
On the other hand, the analyst conveyed his expectations about Binance Coin (BNB). The analyst points out that BNB will complete its increase with a 15 percent loss in value. At the time of writing, BNB is trading at $351, down 1.2 percent. The value of the cryptocurrency has increased by 15.8 percent in the 7-day period.
Talking about MATIC later, the analyst touched on the value of the altcoin retrieving the $1 level. Therefore, he stated that the goal level of $1.30 is now valid. Currently, MATIC is changing hands at $1.16, down 2.8 percent. Cryptocurrency has made a 24 percent profit in the last seven days.
What’s next for MASK Network?
Another coin that the analyst mentioned was Mask Network (MASK). According to the analyst, the possibilities for MASK to continue its rise continue. The next price target is around $5.50. It still points to the possibility of MASK going through a $4 correction. Currently, MASK is changing hands at $4.77, down 7.8 percent. The coin has experienced an increase of close to 100 percent in the last 7 days. It rose from $2.10 to $5.66.