Altcoins Prediction 2023: Analyst Maps Next Levels For XRP, MATIC, LINK, and VET Price

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The crypto market has opened the day on a bullish note where the world’s largest cryptocurrency by market cap has slightly gained 1.25% trading close to the $17,000 level. The same is followed by other altcoins like Ethereum, BNB, and XRP among others.

Ripple (XRP)

The analyst with 643,300 Twitter followers claims that if Ripple’s XRP Price fails to move above $0.343, the currency will see a downfall of more than 22%. If the prediction turns out to be true, he says that XRP will plummet near $0.265 in comparison with Bitcoin.

Request 01 – $XRP

This one looks a bit odd, as we’ve seen a harsh rejection at $0.37.

I’d prefer to see $XRP reclaim the level at $0.343 relatively fast, otherwise, a ton of liquidity is on the downside to be taken (comparable with #Bitcoin).

$0.265 massive support. pic.twitter.com/wgYN5JLye1

— Michaël van de Poppe (@CryptoMichNL) December 30, 2022

Currently, XRP is selling at $0.344 with a gain of 2.30% in the last 24hrs.

VeChain (VET)

Next, Van de Poppe talks about VeChain where he argues that though the currency is prone towards a bearish journey, there are chances for some bull run. The analyst predicts that if VET manages to trade above $0.016 the currency will witness some bullish divergence.

Request 02 – $VET

This one is clearly trending downhill.

And continues to do so.

Potentially;
– Bullish divergence implying a reversal.
– Bullish divergence only valid if $0.016 gets cleared.

Otherwise trend remains downwards. pic.twitter.com/9ZK60k3WnU

— Michaël van de Poppe (@CryptoMichNL) December 30, 2022

At the time of publication, VET is trading at $0.0161 after a surge of 2.16% over the last 24hrs.

MATIC

Van de Poppe also discussed MATIC, stating that it is at a critical point and needs a bounce back. If this does not occur, he predicts that MATIC will reach a downward target of $0.64.

Request 04 – $MATIC

This one shows a downtrend, as it lost $0.78 (turned in resistance).

I’d like to see a sweep at $0.74 and immediate bounce back up, otherwise $0.64 is on the cards. pic.twitter.com/hiThsgqIme

— Michaël van de Poppe (@CryptoMichNL) December 30, 2022

Chainlink (LINK)

Van de Poppe also mentioned Chainlink, stating that it needs to move past $5.70 and $6 to maintain its bullish pace. If the bears become stronger, he believes that LINK will fall to $4.975.

Request 03 – $LINK

Simple chart, going towards the lows and even making new lows for the year, just barely before the end of 2022.

Needs to reclaim $5.70-6.00 quite fast, otherwise untested level at $4.975 is going to be tested.

Great to DCA for investors. pic.twitter.com/XTp0MYXZ47

— Michaël van de Poppe (@CryptoMichNL) December 30, 2022

Bitcoin To Rebound?

Michael van de Poppe talks about Bitcoin in his new strategy session via Youtube. The analyst informs that Bitcoin is expected to hit a target of $17,700 if the bull run continues. However, if the flagship currency fails to maintain this bullish momentum, BTC will make a downward move toward $16,400 and fall around the $15,800 support level.

At the moment, Bitcoin is trading at $16,730 after an upswing of 1.23% over the last day.