NEAR vs ADA vs LINK Bullish Breakout May ’22 | Which Top ETH Killer Will Win?!

1 min read

Crypto analyst Michael van de Poppe says traders looking for prime opportunities may find them in Cardano (ADA), Chainlink (LINK), and Near Protocol. Could now be a good time to invest? Is a bullish breakout on the way?

The analyst tells his 589,000 Twitter followers that Cardano may have further to fall as it knocks hard on a big support level.

Van de Poppe says that he expects ADA to drop over 18% from current prices before it sees a macro reversal.


Overall, the level of support on $ADA is currently at $0.80.

Honestly, I think we’ll lose that level and get a drop towards $0.65 region (daily order block) before we can reverse, as the liquidity is taken then too.”

Source: Michaël van de Poppe/Twitter

Looking at Chainlink, the analyst says the market’s top oracle network is approaching heavily discounted levels, optimal for long-term LINK bulls. Van de Poppe says that a further 40% drop for Chainlink is in the cards and that a break of the $15 mark will be the turning point bulls need.


Two things.

1. This one is getting into optimal investment areas.
2. The region around $8-9 is probably best. Not sure whether we’ll be hitting, but that seems likely.

If reclaim $15 happens -> party time.”

Source: Michaël van de Poppe/Twitter

Van de Poppe has also got his eye on developer-focused NEAR Protocol. He maps out a possible price trajectory that sees NEAR bounce off the $10, finding support, and then igniting a bull run.


This one is interesting around $10.

Still marked that level down for a potential setup.”

Source: Michaël van de Poppe/Twitter

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