{"id":572122,"date":"2024-01-29T21:30:11","date_gmt":"2024-01-29T21:30:11","guid":{"rendered":"https:\/\/uniquehot.com\/?p=572122"},"modified":"2024-06-11T07:03:48","modified_gmt":"2024-06-11T07:03:48","slug":"crypto-altcoins-february-2024","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/crypto-altcoins-february-2024\/","title":{"rendered":"Renowned Crypto Expert Reveals Top 3 Altcoins Ready To Breakout In February 2024"},"content":{"rendered":"

A prominent crypto analyst and Bitcoin enthusiast, Michael Van de Poppe, has shared insights on the future trajectory of several <\/span>altcoins<\/span> in the space. The crypto analyst\u2019s predictions highlight crucial moments for investors as they watch out for opportune times to buy and sell cryptocurrencies in this dynamic market.\u00a0<\/span><\/p>\n

Altcoins Set To Rise In 2024<\/h2>\n

Following the approval of Spot Bitcoin ETFs, Bitcoin experienced a substantial surge, rallying to overcome the $45,000 price mark. During this bullish momentum, the prices of several altcoins, including <\/span>Ethereum (ETH)<\/span><\/a> and <\/span>Solana (SOL)<\/span><\/a>, also witnessed significant increases.\u00a0<\/span><\/p>\n

Related Reading: Crypto Analyst Says February Will Be A Bullish Month For Bitcoin, Here\u2019s Why<\/a><\/div>\n

In a recent X (formerly Twitter) post, Poppe <\/span>revealed<\/span><\/a> major altcoins to buy or sell in 2024. The crypto analyst shared a chart illustrating the historical <\/span>price movements and corrections<\/span><\/a> of Solana, Polygon (MATIC) and Chainlink (LINK).\u00a0<\/span><\/p>\n

Poppe revealed that Solana\u2019s consolidation phase appears to have ended after it experienced a major decline from its 2023 peak of over $123 to $95.81 at the time of writing. His analysis suggests that Solana is poised for a higher time frame support test at $80 and is <\/span>anticipated to surge to new highs<\/span><\/a>, potentially reaching $140.\u00a0<\/span><\/p>\n

Subsequently, the crypto analyst presented a historical performance chart of <\/span>MATIC<\/span><\/a>, the native token of Polygon. Noting that the cryptocurrency has maintained higher time frame support levels with established liquidity, Poppe predicts an upcoming upward movement despite <\/span>MATIC\u2019s recent underperformance.\u00a0<\/span><\/a><\/p>\n

He forecasts that MATIC\u2019s next rally could propel its price to a range between $1.25 and $1.50. As of now, the price of MATIC is trading at $0.789, reflecting a 2.39% decline in the past 24 hours, according to CoinMarketCap.\u00a0<\/span><\/p>\n

The Bitcoin enthusiast also anticipates a substantial price increase for Chainlink\u2019s native token, <\/span>LINK<\/span><\/a>. The crypto analyst revealed that the cryptocurrency has consistently held crucial price levels and is positioned for an upward momentum towards $25. At the time of writing, the price of LINK stands at $14.65, representing a 0.12% increase in the last 24 hours.\u00a0<\/span><\/p>\n

Underperforming Crypto In 2024<\/h2>\n

In his X post, Poppe unveiled a roster of altcoins that has been struggling to surge and maintain crucial resistance levels. The crypto analyst pointed out that <\/span>Ethereum\u2019s recent slow growth<\/span><\/a> has adversely impacted many altcoins, causing them to experience further declines.\u00a0<\/span><\/p>\n

Related Reading: Bitcoin Whales Increase Their Holdings By $3 Billion \u2013 Is A Price Surge Imminent?<\/a><\/div>\n

He mentioned Synthetix (SNX),<\/span>\u00a0which is currently depreciating primarily due to Ethereum\u2019s lagging performance. Additionally, there is Arbitrum (ARB) and Polkadot (DOT), which Poppe predicts would have a significant price increase in the future.<\/span>\u00a0<\/span><\/p>\n

The Bitcoin enthusiast stated that if ARB can return to a price level of around $1.40 and $1.60, it could open up new entries into a more sustainable position. Subsequently, Poppe predicts a rise in the price of Polkadot to $15 despite its current price trading at $6.80.\u00a0<\/span><\/p>\n

The crypto analyst revealed that <\/span>DOT<\/span><\/a> is currently showcasing a \u201cgreat weekly candle\u201d, and its previous price corrections present a great opportunity for investors in the ongoing bull market.\u00a0<\/span><\/p>\n

\"Crypto<\/p>\n

Total market cap at $1.57 trillion | Source: Crypto Total Market Cap on Tradingview.com<\/a><\/pre>\n
Featured image from Busha, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
A prominent crypto analyst and Bitcoin enthusiast, Michael Van de Poppe, has shared insights on the future trajectory of several altcoins in the space. The crypto analyst\u2019s predictions highlight crucial moments for investors as they watch out for opportune times to buy and sell cryptocurrencies in this dynamic market.\u00a0 Altcoins Set To Rise In 2024 Following the approval of Spot Bitcoin ETFs, Bitcoin experienced a substantial surge, rallying to overcome the $45,000 price mark. During this bullish momentum, the prices of several altcoins, including Ethereum (ETH) and Solana (SOL), also witnessed significant increases.\u00a0 Related Reading: Crypto Analyst Says February Will Be A Bullish Month For Bitcoin, Here\u2019s Why In a recent X (formerly Twitter) post, Poppe revealed major altcoins to buy or sell in 2024. The crypto analyst shared a chart illustrating the historical price movements and corrections of Solana, Polygon (MATIC) and Chainlink (LINK).\u00a0 Poppe revealed that Solana\u2019s consolidation phase appears to have ended after it experienced a major decline from its 2023 peak of over $123 to $95.81 at the time of writing. His analysis suggests that Solana is poised for a higher time frame support test at $80 and is anticipated to surge to new highs, potentially reaching $140.\u00a0 Subsequently, the crypto analyst presented a historical performance chart of MATIC, the native token of Polygon. Noting that the cryptocurrency has maintained higher time frame support levels with established liquidity, Poppe predicts an upcoming upward movement despite MATIC\u2019s recent underperformance.\u00a0 He forecasts that MATIC\u2019s next rally could propel its price to a range between $1.25 and $1.50. As of now, the price of MATIC is trading at $0.789, reflecting a 2.39% decline in the past 24 hours, according to CoinMarketCap.\u00a0 The Bitcoin enthusiast also anticipates a substantial price increase for Chainlink\u2019s native token, LINK. The crypto analyst revealed that the cryptocurrency has consistently held crucial price levels and is positioned for an upward momentum towards $25. At the time of writing, the price of LINK stands at $14.65, representing a 0.12% increase in the last 24 hours.\u00a0 Underperforming Crypto In 2024 In his X post, Poppe unveiled a roster of altcoins that has been struggling to surge and maintain crucial resistance levels. The crypto analyst pointed out that Ethereum\u2019s recent slow growth has adversely impacted many altcoins, causing them to experience further declines.\u00a0 Related Reading: Bitcoin Whales Increase Their Holdings By $3 Billion \u2013 Is A Price Surge Imminent? He mentioned Synthetix (SNX),\u00a0which is currently depreciating primarily due to Ethereum\u2019s lagging performance. Additionally, there is Arbitrum (ARB) and Polkadot (DOT), which Poppe predicts would have a significant price increase in the future.\u00a0 The Bitcoin enthusiast stated that if ARB can return to a price level of around $1.40 and $1.60, it could open up new entries into a more sustainable position. Subsequently, Poppe predicts a rise in the price of Polkadot to $15 despite its current price trading at $6.80.\u00a0 The crypto analyst revealed that DOT is currently showcasing a \u201cgreat weekly candle\u201d, and its previous price corrections present a great opportunity for investors in the ongoing bull market.\u00a0 Total market cap at $1.57 trillion | Source: Crypto Total Market Cap on Tradingview.com Featured image from Busha, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":572139,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[85876,83386,3],"tags":[134,138,142,89606,84309,16295,6664,14690,16097,89530,40670,89524,9753,83584,89525],"class_list":["post-572122","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin","category-crypto","category-news","tag-altcoin","tag-altcoin-news","tag-altcoins","tag-altcoins-news","tag-arbitrum","tag-chainlink","tag-crypto","tag-crypto-news","tag-link","tag-link-news","tag-matic","tag-matic-news","tag-polkadot","tag-polygon","tag-polygon-news"],"acf":[],"yoast_head":"\nRenowned Crypto Expert Reveals Top 3 Altcoins Ready To Breakout In February 2024<\/title>\n<meta name=\"description\" content=\"Crypto analyst and Bitcoin enthusiast, Michael Van de 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Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/uniquehot.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Renowned Crypto Expert Reveals Top 3 Altcoins Ready To Breakout In February 2024","url":"http:\/\/uniquehot.com\/news\/crypto-altcoins-february-2024\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/crypto-altcoins-february-2024\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/01\/Crypto-altcoins.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/01\/Crypto-altcoins.jpeg?fit=1080%2C600"},"articleSection":"Altcoin","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["altcoin","altcoin news","altcoins","altcoins news","arbitrum","chainlink","crypto","crypto news","link","link news","matic","matic news","polkadot","polygon","polygon news"],"dateCreated":"2024-01-29T21:30:11Z","datePublished":"2024-01-29T21:30:11Z","dateModified":"2024-06-11T07:03:48Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Renowned Crypto Expert Reveals Top 3 Altcoins Ready To Breakout In February 2024\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/crypto-altcoins-february-2024\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/crypto-altcoins-february-2024\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/01\\\/Crypto-altcoins.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/01\\\/Crypto-altcoins.jpeg?fit=1080%2C600\"},\"articleSection\":\"Altcoin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"altcoin\",\"altcoin news\",\"altcoins\",\"altcoins news\",\"arbitrum\",\"chainlink\",\"crypto\",\"crypto news\",\"link\",\"link news\",\"matic\",\"matic news\",\"polkadot\",\"polygon\",\"polygon news\"],\"dateCreated\":\"2024-01-29T21:30:11Z\",\"datePublished\":\"2024-01-29T21:30:11Z\",\"dateModified\":\"2024-06-11T07:03:48Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/01\/Crypto-altcoins.jpeg?fit=1080%2C600","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/572122"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=572122"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/572122\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/572139"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=572122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=572122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=572122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}