Intently 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 growth taking place within the subsequent bull cycle of Litecoin, we could possibly 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 in all probability 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 be OMG Community (OMG), an enterprise answer for safe and quick transfers on Ethereum. In keeping with the crypto strategist, OMG Network can launch a 108% rally towards 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 direction of the higher degree within the purple 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 towards Bitcoin (ICX/BTC) because the pair appears to be like 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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