In the midst of a new rise in the crypto asset market, driven by the rise in the price of Bitcoin (BTC), the popular cryptocurrency analyst, Michaël van de Poppe, He recently highlighted that he is bullish on three small cap tokens that are not in Coinmarketcap’s TOP 10 but have great upside potential.
The three cryptocurrencies on van de Poppe’s list are worth less than $ 1.93 and, Although they are “cheap”, they can be revalued up to 240%, according to the trader, who qualifies them as “gigantic opportunities”.
Van de Poppe says he sees a big pickup on the horizon for decentralized machine learning network Fetch.ai on its pair with Bitcoin (FET / BTC).
“What are the chances that Fetch will keep moving and how far can we go? Quite high actually, given the fact that we are making a new higher low here (0.000005 BTC or $ 0.23) and a bit of a bullish flag. But the critical level that we are holding with this is based on the fact that we are holding this weekly block here (0.00000548 BTC or $ 0.25). ”
Thus, the crypto strategist says that he expects FET reaches 0.000027 BTC, worth $ 1.24 at the time of writing, for a rise more than 210% from its current value of 0.0000087 BTC or $ 0.40.
Altcoins below $ 2
Another cryptocurrency on the trader’s radar is the platform Celer Network and its Bitcoin pair (CELR / BTC). According to Van de Poppe, CELR / BTC presents a “significant opportunity” following the corrective movement of the pair from the 2021 high of 0.00000194 BTC or $ 0.089.
“Buying in this region (0.00000073 BTC or $ 0.034) has a lower risk to the downside and a significant risk to the upside, given the fact that this corrective move is causing compression and burn events through which it is very likely that there is a significant wave of momentum as in the previous period ”.
The last cryptocurrency on Van de Poppe’s list is SXP, the native token of the payment network Swipe. The trader said that SXP must overcome its immediate resistance against Bitcoin (SXP / BTC) to have a chance to start an uptrend.
“If Swipe breaks out of 0.000064 BTC ($ 2.95), we are probably looking for a new higher high and we have the possibility that a new wave of momentum is occurring here.”
Above 0.000064 BTC, Van de Poppe predicts that SXP / BTC could upload up to 0.00013 BTC or $ 5.98, marking a potential increase of more than 100%.
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