What altcoins could be worth investing in in September? This reveals professional trader Michaël van de Poppe in a new video analysis.
5 Coins for the month of September
More than 10,000 cryptocurrencies are currently available – but which ones are worth investing in? And when? This question is currently being addressed by the popular trader and crypto analyst Michaël van de Poppe on Youtube. There he analyzes his five favorite altcoins for the month of September 2021. Which coins are they?
According to Poppe, coins similar to Solana (SOL), Cardano (ADA) and Avalanche (AVAX) could soon see an increase. The three cryptocurrencies have seen massive gains in recent weeks – and Poppe also expects the following coins to grow strongly: Cosmos (ATOM), Mina Protocol (MINA), Chainlink (LINK), Harmony (ONE) and Tezos (XTZ).
Number 1 on Poppes list: Cosmos (ATOM), according to Poppe, is still within its accumulation range compared to Bitcoin (BTC). However, if the coin breaks out of it, Poppe expects a strong impulse wave upwards. Currently, Cosmos is trading at $ 24.08 after a week-long rally of more than 30% and a 1.3% decline over the past 24 hours.
Coin number 2 on Poppe’s favorite list for September is the Mina Protocol (MINA). MINA sees itself as the”lightest blockchain in the world”. The price is currently at $ 3.88 after a strong weekly performance of 43% plus, with a loss of 6.9% on the day. Poppe is now looking at the $ 5.30 and $ 8.00 ranges at MINA.
LINK “does not do anything yet”
Also ready for an outbreak is, according to Poppe, the top oracle platform Chainlink (LINK). LINK, according to Poppe, has not yet moved. In fact, Chainlink has faced a sharp decline since the all-time high of $ 52.70 in May. In July, the coin even fell to $ 13.88, but was able to recover to as much as $ 25.11 in August. Over the past 24 hours, LINK has grown by 3.4%. Poppe estimates: LINK is ready for a new impulse wave. If you want to invest in oracles, you get “the cheapest or least risky option”with Chainlink.
4TH place lands on Poppe’s September favorites the sharding protocol Harmony (ONE). Again, Poppe predicts an increase in the BTC pair. ONE is currently trading at $ 0.12, up 1.2% over the past 24 hours Coingecko.com. The weekly performance is 24.2%.
The conclusion on the liste of the trader forms the low-cost smart contract platform Tezos (XTZ). Tezos (to buy from eToro or Libertex) is trading at $ 5.32 after falling 1.3% in the last 24 hours, but in the last 30 days the coin has seen a 70% rally.
XTZ hasn’t really moved up against BTC all year, Poppe explains. With bullish consequences for the possible price development, because: If XTZ breaks out of its resistance, the Dutchman expects a 100% increase against Bitcoin.