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 probably ignite a 286% rally earlier than the present market cycle involves an in depth.
“After we’re getting enlargement taking place within the subsequent bull cycle of Litecoin, we may very well be seeing the Fibonacci extension happening 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 resolution for safe and quick transfers on Ethereum. In response to the crypto strategist, OMG Network can launch a 108% rally in opposition to Bitcoin (OMG/BTC) so long as it holds help at 0.00024 BTC ($16.10).
He tells his 477,900 Twitter followers,
“Essential help is the inexperienced zone, that ought to maintain. If that holds, we would see continuation in direction of the higher stage within the pink 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 appears able to surge to its speedy 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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Featured Picture: Shutterstock/solarseven/pikepicture/Vladimir Sazonov
