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Cryptocurrency analyst Mikael van de Poppe noted that the indicators Harmony (ONE) look extremely bullish, and for Cardano (ADA) a new market cycle begins
In his opinion, the decentralized economy-oriented Harmony blockchain should overcome the last area of resistance and grow from the current level of about $0.32 by 71%:
“ONE looks extremely bullish. Excellent transformation of the resistance level into support. I expect continued growth to the range of $ 0.5 – $ 0.55 “
Van de Poppe believes that smart contract platform Cardano could have launched a new market cycle against BTC. Previously, within 4 months, ADA lost more than 50% of its value:
“A new cycle has begun for ADA? The asset looks very good”
ADA is currently trading at 0.000038 BTC, up over 46% from the 2022 low of 0.000026 BTC.
Separately, the analyst noted the virtual reality platform Decentraland (MANA). According to him, MANA needs to stay above the $2.5 support level and then there will be chances for maintaining the bullish momentum.
Also, the platform for indexing blockchain data The Graph (GRT) was not ignored. Van de Poppe believes that the GRT should overcome the nearest resistance level, and we can hope for a bullish momentum:
“GRT is trading around $0.55 and needs to break through the critical level. In this case, the trend will reverse. The critical zone is in the range of $0.625 – $0.65″
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