3 Altcoins Crypto Analyst Michael Van De Poppe is Keeping an Eye On

Jakarta, Pintu News – The current uncertainty of the crypto market makes it difficult to find potentially strong portfolio additions. Nonetheless, in his interview with BeInCrypto, Michael Van De Poppe, a popular crypto analyst has identified three altcoins that are on investors’ watchlist.

“If there are three noteworthy coins in interesting sectors, then I will focus on the following sectors: DePIN, Infra, and DeFi. In the DePIN category, all of them have had big declines, which opens up opportunities, so I would pick PEAQ. In the infra category, I will monitor the restaking/interoperability/bridging sector, and I will monitor Wormhole. Finally, in the DeFi category, my personal interest is in Ether.Fi,” Michael said.

PEAQ (PEAQ)

On August 26, PEAQ was briefly trading at $0.066, with a double bottom pattern, often referred to as a “W” formation, developing on the chart. This technical pattern has historically indicated potential upward momentum. This structure suggests that this altcoin could experience continued price strength.

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The Parabolic SAR indicator is currently below the candlestick, reinforcing the existence of an uptrend. These technical signals support the possibility of PEAQ rising towards $0.070.

A sustained move beyond $0.072 would signal a confirmed breakout, pushing this altcoin to higher levels that have not been seen in recent trading sessions.

However, if selling pressure emerges suddenly, PEAQ could drop towards $0.061. This move would erase the recent bullish signal and mark a significant technical breakdown. A drop to this level would turn the price action into a bearish range.

Wormhole (W)

On August 26, Wormhole (W) briefly traded at $0.072 after experiencing a 12% decline, although the Ichimoku Cloud still showed broader market support. This indicator suggested that the underlying momentum remained intact despite the decline.

The altcoin dropped below $0.072, but new capital flows at the discounted level could provide a rebound opportunity. If investor interest strengthens, W could recover and return to its original position.

This recovery could push the price towards $0.077, establishing a stronger position and reversing the recent decline in the market.

If it fails to attract enough support, W could drop below $0.070, signaling a further technical breakdown. Such a move would eliminate the optimistic setup and push the asset to weaker levels.

Ether.fi (ETHFI)

Ether.fi (ETHFI) briefly traded at $1.10 on August 26, showing optimism despite recent volatility. Unlike other altcoins that experienced a linear decline, ETHFI’s movement has been flat with sharper fluctuations.

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The Ichimoku Cloud is currently showing bullish momentum, suggesting that the support level at $1.09 could hold. A rebound from this level could potentially push ETHFI higher.

If this movement continues, the altcoin could rise towards $1.21, breaking the last consolidation and signaling a stronger phase for short-term trading activity.

If ETHFI fails to maintain its support, the price could drop below $1.04, raising the possibility of testing lower limits. A breakdown from that level could push the asset below $1.00.

Such a drop would form a weaker technical level, challenging the bullish pattern recently seen on the chart.

Derivatives could be the next trend

In recent weeks, Derivative tokens have seen a sharp surge, led by MYX Finance (MYX), Hegic (HEGIC) and others. Over the past week, Derivative tokens have beaten RWA tokens and Liquid Staking tokens despite the overall market being in a bearish state.

Discussing this, Michael Van De Poppe said that the biggest reason behind the surge in Derivative tokens is Hyperliquid.

“Hyperliquid is a highly efficient team, with high revenues, and therefore attracts the interest of many investors. Their current revenue stands at $102 million per employee, which is 30 times higher than Nvidia. Since Hyperliquid is getting a lot of attention with their model, many other derivative tokens are flying on this narrative, and the entire Hyperliquid ecosystem is also flying on this narrative, which should continue to grow in the coming period,” Michael said.

However, in addition to the rise of Derivative tokens, Michael highlighted that the entire DeFi space is heading for a potential major surge.

“…it’s a combination of derivative tokens along with institutional interest in ETH and the rise of stablecoins. This is the first sign that the market is preparing for the next big DeFi season as the use cases are clearly there,” Michael said.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• BeInCrypto. Analyst Recommends Altcoins: Why These 3 Tokens Should Be On Your Watchlist. Accessed on August 29, 2025