At the end of a week of relatively bullish movements in the altcoin market, two leading crypto analysts Michaël van de Poppe and Bluntz shared their perspectives on Bitcoin (BTC), LTC and altcoins. Their tweets received a lot of attention from the crypto community. Analysts offer insight and potential trading opportunities. However, before moving on to the analysis, it is worth noting that each investor should invest according to his own research. Both analysts expressed that they are optimistic for the future of the crypto space, despite the current decline in altcoin prices.
Van de Poppe talked about BTC, LTC and FTM
Van de Poppe, a widely followed crypto trader, referred to a possible uptrend in the near future, noting that BTC is potentially entering a long trigger scenario. He emphasized that an important price level has been crossed, which indicates a positive outlook for Bitcoin. At the time of this writing, BTC was worth $30,038, down 1.6 percent in the last 24 hours and 0.6 percent in the past week.
Shifting his focus to altcoins, Van de Poppe turned his attention to Phantom (FTM). He suggested that FTM appears poised for an upward move, citing the many potentially liquidable short positions. Van de Poppe noted that holding above $0.30 could lead FTM towards $0.40. Currently, FTM is trading at $0.293, down 2.5 percent in the last 24 hours.
Another altcoin in Van de Poppe’s analysis was Litecoin (LTC). Van de Poppe predicted that LTC could experience a 2x gain similar to that of Bitcoin Cash (BCH) after its recent surge as it approaches its much-anticipated halving. Despite the complexity of the chart, Van de Poppe expressed optimism about LTC’s pre-halving rally potential. LTC was valued at $96.94, up 14 percent in the last 24 hours.
Bluntz points out Solana
While altcoins are currently on a decline, Van de Poppe reassured his followers of the enormous growth potential of the crypto market in the next 3-5 years. He highlighted the anticipated increased adoption and accelerated growth for cryptocurrencies in the near future. cryptocoin.com As we reported, crypto trader Bluntz, known for accurately predicting the bottom of the Bitcoin bear market in 2018, also shared his views. Similar to Van de Poppe, he predicted a strong rise for Litecoin ahead of the August halving.
Based on his analysis, Bluntz believed that LTC is poised for a significant breakout in both USD and BTC pairs. He predicted a potential rally to $140, which represents a 30 percent rise from its current price of $107.16. Bluntz also highlighted Solana (SOL), the 11th largest crypto asset by market cap. It has detected bullish signals on the SOL/BTC pair, including a notable four-hour candle and a daily pattern. At the time of this writing, the SOL/BTC pair was trading at 0.0006069 BTC, or $18.49.
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow on. Telegram And YouTube join our channel!
Risk Disclosure: The articles and articles on Kriptokoin.com do not constitute investment advice. Bitcoin and cryptocurrencies are high-risk assets, and you should do your own research and due diligence before investing in these currencies. You can lose some or all of your money by investing in Bitcoin and cryptocurrencies. Remember that your transfers and transactions are at your own risk and any losses that may occur are your responsibility. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. Therefore, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, assets or services in this article.
Disclaimer: Advertisements on Kriptokoin.com are carried out through third-party advertising channels. In addition, Kriptokoin.com also includes sponsored articles and press releases on its site. For this reason, advertising links directed from Kriptokoin.com are on the site completely independent of Kriptokoin.com’s approval, and visits and pop-ups directed by advertising links are the responsibility of the user. The advertisements on Kriptokoin.com and the pages directed by the links in the sponsored articles do not bind Kriptokoin.com in any way.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.