best altcoins

Analyst indicates best altcoins to invest in 2021

November 24, 2020

If you’re looking for ideas to invest in Altcoins you came to the right place. These are probably the best altcoins to invest and hodl through 2021.

Trader and strategist Michaël van de Poppe is excited about the crypto market.

The famous businessman recently indicated the top five cryptocurrencies that they may appreciate in the next few months.

Still according to him, the prospect is very positive for his picks.

The five picks

In a new YouTube video, the trader said he is looking at Ontology, more precisely the ONT / BTC pair.

For him, the pair seems to be reaching the bottom of the well.

“We are above 100 days and 200 days [moving averages] and that will be the support. [We are] in the final resistance zone. If we break through this resistance zone, the next levels will be 1,000 satoshis and 1,200 satoshis ”, he declared

In addition to ONT, the trader is optimistic about Wanchain, also in the pair of negotiations with BTC.

He points out that the cryptocurrency must contain the area between 2,900 and 3,100 satoshis to maintain its bullish tone.

If Wanchain maintains support, there will be a breach for the 4,100 satoshi zone.

In this way, the trader expects the WAN / BTC pair to reach a price between 5,000 satoshis and 6,200 satoshis.

Celer and Troy

Van de Poppe is also optimistic about the Celer Network (CELR / BTC). According to him, the pair is also sending bullish signals.

The trader notes that the crypto is currently consolidating just below its immediate resistance. Soon, he expects the pair to compress and explode to its targets of 200 satoshis and 330 satoshis.

The fourth currency that caught Van de Poppe’s attention is Troy (TROY / BTC).

In the video it is highlighted that the pair will remain high as long as it maintains the key support, located around 55 satoshis.

“If we stick to it, that would be great, as the next high should lead to 107 satoshis and 145 satoshis.”

Curve

Finally, the last currency on the trader’s list is the Curve DAO Token (CRV / BTC).

According to van de Poppe, the pair with Bitcoin is showing potential to exceed double the value.

“We want to see a clear support-resistance variation of 2,900 satoshis. If we do that, I think we’ll test levels around 6,000 satoshis and 4,100 satoshis. “

Meanwhile, Van de Poppe hopes that Bitcoin will continue to consolidate in the short term, setting an important level that would trigger a new high.

“BTC has reached the short-term resistance zone. Probably a little more than expected range. It is crucial that the area between $ 11,250 and $ 11,300 holds as a higher low. If the $ 11,650 mark is broken, I think $ 12,000 is next. “

Monero

best altcoins: monero

There has been a lot of fear around monero in the past few months and this makes it a great buy opportunity. There is no way that governments can stop people from using it and i see monero being used in the dark web in the same way bitcoin did a few years ago. This makes it one of the best altcoins you could possibly hodl in 2021.

Read also: My crypto portfolio.

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