Crypto Trader Predicts Massive Surges for Litecoin and Chainlink - Here Are His Targets [Advance Cash ]

Crypto Trader Predicts Massive Surges For Litecoin And Chainlink - Here Are His Targets

A widely followed crypto strategist believes that Litecoin (LTC) and Chainlink (LINK) should print gains of over 100%.

Analyst Michaël van de Poppe tells his 659,700 Twitter followers that peer-to-peer payment network Litecoin looks bullish after overcoming several technical resistances following its strong rally last week.

According to the trader, Litecoin could reach $250, suggesting an upside potential of more than 135% from its current price of $106.

“Litecoin looks great.

– Break through the 200-week moving average and the exponential moving average (200 weeks).
– Breaking the resistance of $100.
– New yearly highs.

The goals are $180 and $250 on this run, the former will probably be the end.

Source: Michael van de Poppe/Twitter

Looking at the decentralized oracle network Chainlink, Van de Poppe says that LINK managed to recover its key support level at $6 after falling to a low of around $5 in 2023.

According to Van de Poppe, the bullish rally suggests that LINK is about to trigger an uptrend that could propel it all the way up to $15, an increase of more than 127% from its current value of $6.60.

“Chainlink is back in line.

Returned $6 for support, thanks to which we are close to removing many highs and expanding higher.

Source: Michael van de Poppe/Twitter

Van de Poppe is also keeping a close eye on XRP. According to the trader, XRP could rise to $0.53 as long as it remains above the support at $0.48.

“Well, XRP has swept higher, but doesn't show a clear pattern here.

We need more confirmation, but we will probably start aiming for $0.53. »

Source: Michael van de Poppe/Twitter

At the time of writing, XRP is trading at $0.49.

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