Carefully adopted dealer and analyst Michaël van de Poppe is unveiling his bull market goal for Litecoin (LTC) whereas mapping out potential performs for 2 low-cap altcoins.
In a brand new technique session, Van de Poppe tells his 142,000 YouTube subscribers that peer-to-peer funds community Litecoin can doubtlessly ignite a 286% rally earlier than the present market cycle involves a detailed.
“Once we’re getting enlargement occurring within the subsequent bull cycle of Litecoin, we might be seeing the Fibonacci extension going down right here as soon as once more.
After which the 1.618 [level] is $600, and the second will most likely chase towards $1,000. So sure, I’m very bullish on these older altcoins, particularly given the construction that they’re giving us.”
At time of writing, Litecoin is buying and selling at $260.
Van de Poppe can also be OMG Community (OMG), an enterprise answer for safe and quick transfers on Ethereum. In accordance with the crypto strategist, OMG Community can launch a 108% rally in opposition to Bitcoin (OMG/BTC) so long as it holds assist at 0.00024 BTC ($16.10).
He tells his 477,900 Twitter followers,
“Essential assist is the inexperienced zone, that ought to maintain. If that holds, we’d see continuation in the direction of the higher degree within the crimson zone (1.618 Fibonacci extension).”
One other coin on the dealer’s radar is hybrid blockchain platform ICON (ICX).
Van de Poppe says ICON is gearing up for a 65% rally in opposition to Bitcoin (ICX/BTC) because the pair seems to be able to surge to its fast resistance at 0.000053 BTC ($3.55).
“Effectively, I imply, fascinating for ICX.”
At time of writing, OMG is priced at $16.14, and ICON is buying and selling for $2.13.
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