There is very little time left until November and many important developments are happening one after another. IBM, one of the world’s largest IT companies, announced its cryptocurrency platform today. Citi and Coinbase sign partnership, BitMine makes massive ETH purchase, and Saylor new BTC announced his accumulation. Several months of significant developments occur in just a matter of hours. But altcoins are generally calm. Poppe, on the other hand, talks about opportunity.
Can I Buy W Coin?
Michael Poppe says it will be bought and sees it as a perfect opportunity. Wormhole (W) CoinClaiming that ‘s is the best opportunity investment under current market conditions, Poppe argues that the potential of the altcoin, which was hit due to the market crash, is underestimated. For this, he shared the chart below and wrote:
“I think it is one of the best opportunities in the markets. I am very happy to have allocated this amount to W in my altcoin portfolio. Altcoins were about to make an upward break, but the market crash wiped everything out again. Therefore, the next rally should be higher than the previous rally, making W a potential opportunity at these prices.”
Jelle focused on Bitcoin in his evaluation today. If there is a comeback for W Coin, it is possible with the return of BTC. The analyst is pleased with the clearing of the resistance level and points to 2 scenarios that offer opportunities.
- A higher bottom is forming at $112,000.
- Recovery of $116 thousand in support.
“Either way, it’s not an area to be overly optimistic in the short term. But it would be supportive.”
ZEC Coin
Lately ZEC Coin It has made significant gains and is pushing for new ATH. On October 9, Martinez mentioned that the price could rise to $650 with closings above $290. After the news-driven rise, ZEC maintains its strong stance. Sherpa shared the chart below and said that we are now in a good period for sales.
“I don’t really like buying in the ATH zone; I like the consolidation and how strongly it has struggled since the open, but I might sell and wait for it to fall a bit. I think it will break the ATH later on, though, so just go with your overall bearish tolerance.”
