Michaël van de Poppe: This Altcoin Could Spark a 30% Rally!

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A popular crypto analyst has announced his predictions for cryptocurrencies such as Bitcoin, XRP, Litecoin, in light of the latest developments in the market.

As it is known, after the decision in favor of Ripple in the XRP case, there was a movement throughout the market. Crypto trader Michaël van de Poppe also updated his prediction for Bitcoin first after this activity. The analyst said that Bitcoin (BTC) could fall before continuing to rise. The critical level for the analyst is the $30,800 level. If Bitcoin manages to stay above this level, things will go well, otherwise there may be a decline.

Apart from Bitcoin, the analyst also evaluated XRP, the star altcoin of recent days. Van de Poppe slightly bearish before resuming XRP rally predicts.

“For mega move, scalp (make profit quickly with instant buy and sell trades), this time the range of $0.65-0.69 is of interest to me. If this sweep happens, we will probably have another uptrend later on.”

Apart from XRP, the analyst also examined Litecoin (LTC). LTC is one of the few cryptocurrencies that has hardly responded to the XRP decision. Despite this, the analyst expects LTC to resume its overall uptrend soon.

Van de Poppe, who also looks at decentralized finance (DeFi) platform Phantom (FTM), predicts that FTM could reach $0.40, a jump over 30% from its current price of $0.29. The analyst said of the altcoin:

“This is showing momentum here, just like the rest of the market.

We expect it to stay above $0.28-0.29 to prevent further market collapses.

If this level holds, we will be ready for a test at $0.33 or possibly $0.40.”

Finally, the analyst thinks LINK still has a great price.

“Chainlink is over $7. I will repeat, it had to be purchased under $5. Still at the lifetime opportunity level.”

You can follow the current price action here.


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