Michael van de Poppe, one of the most famous analysts of the crypto money industry, again made very ambitious statements. The analyst has published charts for the two cryptocurrencies that have disappointed expectations the most recently. These, as can be expected, were XRP, which struggled with the lawsuit, and Litecoin (LTC), whose shoe was thrown into the check.
What is the Goal in Litecoin?
Asked if Litecoin can go up to $1,000 this cycle, the analyst replied with a chart. Stating that Litecoin is at the bottom against BTC and there is serious selling, Poppe admitted that there is a chance to rise. Emphasizing that in 2017, with the rise of the BTC price, LTC gained an upward trend, Poppe announced that “old altcoins” will soon achieve a big bullish rally.
The analyst emphasized that the sale for Litecoin has come and that there will be a rise now, and that it is “bullish”. Despite this, the analyst, who did not make a clear statement about $ 1,000, expects a rise to 0.007 SATS against BTC. This means an increase of 100% or more over the current price for LTC.
There Is A Chance For XRP
The second cryptocurrency to which the analyst draws attention is XRP it happened. Stating that XRP is a crypto currency that can break records in unexpected places, the analyst is preparing for something similar again. The analyst’s target is the 3500 SATS level, that is, an increase of approximately 100%. Stating that it must be above the 20 MA level for this to happen, the analyst pointed to exactly $2.
*Not Investment Advice.