Stellar (XLM), DIA, Swipe(SXP) are Buckled Up for a High Surge!
In the last few weeks, many altcoins like Tron, XRP, MANA, BitTorrent have witnessed massive surges. Following the lead, in the upcoming altcoin season, it is imminent that some tokens are set to surge. Which are the ones that will is to be watched out for.
Crypto analyst and Youtuber Michael Van De Poppe in a new video, reveals the three altcoins he is going to invest in, in the upcoming altcoin season.
According to him, the tokens that will witness a massive boom are dino coins, the ones that have been majorly stagnant until now will start surging high against Bitcoin.
Stellar (XLM)
His first pick is the open-source blockchain payment protocol Stellar Lumens(XLM) against Bitcoin, which has been waiting for a crucial resistance for months.
The analyst says, if XLM/BTC breaks the 1200 Satoshi resistance, 1500, 1850, and 2,220 satoshis are the price levels, one could make a profit.
“Therefore, the next test of this resistance shown is most likely going to push XLM through the resistance through which a new bull cycle is going to start.”
DIA
The second coin he wishes to purchase is the Defi Oracle platform DIA. Which is also positioning itself for a bull rally against Bitcoin.
According to him, DIA/BTC is aiming for 1,700 and 2300 satoshis, reflecting a possible gain of more than 68% over its current value of 718 satoshis.
Swipe(SXP)
The last pick is Swipe(SXP), Van De Poppe has noticed that SXP/BTC has flipped its previous resistance of 6000 Satoshi into support and is poised to skyrocket very soon.
“So, this one is also still on the ground in the Bitcoin pair while the USDT is swimming around new all-time highs which is not really relevant anymore for price analysis as it’s quite difficult to start analyzing something that’s in price discovery.”
Published at Wed, 21 Apr 2021 10:24:00 +0000
