Cryptocurrency analyst and trader Michaël van de Poppe is leaning bullishly on a Solana competitor (SOL) as he offers his analysis on XRP and Chainlink (LINK).
Starting with Sei (SEI), Van de Poppe tells his 759,100 followers on the social media platform X indicate that the Solana rival “looks juicy” at current levels.
According to the widely followed analyst and trader, SEI could rise by around 74% from its current price.
“Relative to Bitcoin, currently at a cycle low.
The ecosystem is expanding, which means there is a lot of profit to be made from this.
I expect we will see a definitive correction in this support zone [around $0.4] and then back to $0.70.”
SEI is trading at $0.403 at the time of writing.
Next is XRP. From de Poppe say that the fourth largest crypto asset by market capitalization is currently in a consolidation phase.
Regarding the potential entry levels for longs, the widely followed analyst says:
“I expect higher time frame support zones [around $1.82] to be tested again and those are the most optimal to get into XRP.”
XRP is trading at $2.17 at the time of writing.
Next up is the blockchain oracle Chainlink. From de Poppe say that an “uptrend has begun” for Chainlink.
“We are now looking for a higher low. However, Chainlink’s valuation versus Bitcoin is still super low.
I expect LINK to deliver a lot of benefits in 2025.”
LINK is trading at $20.15 at the time of writing.
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Generated image: Midjourney