The analyst called three promising altcoins with low capitalization

Michael van de Poppe expects the growth rate of such cryptocurrencies as Polygon (MATIC), Zilliqa (ZIL) and XCAD Network (XCAD).

What happened? Cryptocurrency analyst Michael van de Poppe considers Polygon (MATIC), Zilliqa (ZIL) and XCAD Network (XCAD) the most promising low-cap altcoins. In his opinion, these tokens have a chance to grow in price. The analyst said this on Twitter.

Analyst about MATIC. According to van de Poppe, the rate of MATIC, the native token of the Polygon platform, may grow if the price of the asset does not fall below the support level of $ 0.59. The analyst predicts that the cost of MATIC will begin to grow if the mark of $ 0.70 is overcome. As of May 23, the token is traded at $0.69 (according to Binance).

Source: Twitter.com

Analyst about ZIL. Van de Poppe noted that the Zilliqa blockchain token has a prospect for growth, as ZIL is traded in a narrow range. The analyst believes that if the token stands in the support zone of $ 0.05, then a movement to $ 0.062-$ 0.067 is possible. As of May 23, ZIL is trading at $0.057.

Source: Twitter.com

Analyst about XCAD. Van de Poppe considers the service token of the platform for content tokenization XCAD Network to be promising, but now he expects a decrease in its value and plans to purchase the asset when the rate is at $ 2.50. As of May 23, XCAD is trading at $3.82.

Source: Twitter.com

What happened before? On May 9, Michael van de Poppe named the five most profitable cryptocurrencies in terms of risk-reward ratio. These included Cardano (ADA), Chainlink (LINK), Curve DAO (CRV), SKALE (SKL) and VeChain (VET).

On May 17, Michael van de Poppe came to the conclusion that the rates of chainlink (LINK), VeChain (VET) and Verasity (VRA) cryptocurrencies may grow in the near future.