Cryptocurrency markets

Analyst highlights top 5 altcoins that will rise in price in September

Analyst highlights top 5 altcoins that will rise in price in September
Cryptocurrency analyst Michael van de Poppe noted 5 altcoins that have excellent growth potential in September
According to him, Tier 1 projects like Cardano, Solana and Avalanche are showing excellent results, so similar projects may follow suit.
Analyst highlights top 5 altcoins that will rise in price in September

Analyst highlights top 5 altcoins that will rise in price in September

First on the list is tier one project Cosmos (ATOM), which is still in the accumulation stage against BTC. According to van de Poppe, as soon as the asset moves out of the accumulation range, the first upward wave will happen. Cosmos was created to help developers create interoperable blockchains that can transact and exchange data with each other. ATOM is now trading at around $25 (up 25% for the week).
Next up is the Mina Protocol (MINA) project, positioning itself as a lightweight blockchain platform. MINA is now trading around $4 (up 40% for the week). The analyst thinks the next important levels are around $5.3 and $8.
Third on the list is the decentralized oracle platform Chainlink (LINK). According to the analyst, the project has not yet shown anything in terms of rates. The rate of LINK is around $30 (up 11% for the week). van de Poppe believes that LINK performed weakly against BTC and is preparing for a new upward wave:

"Chainlink's low results suggest a lot of potential. Just Chainlink provides the cheapest or safe oracle option."
The ONE sharding protocol (Harmony's own asset) is fourth on the analyst's list. ONE trades around $0.12 (up 11% for the week) and van de Poppe predicts a positive price movement for ONE.

Last on the list is Tezos (XTZ), a smart contracts platform. The analyst stressed that XTZ did not show any bullish movements against BTC throughout the year. In his opinion, if the asset manages to overcome the current resistance, it could make two X's against BTC. So far, XTZ is trading just above $5 (up 6% for the week).

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