A much-followed crypto strategist outlines what he thinks are in store for Litecoin (LTC), XRP, and Pepe (PEPE) as digital asset markets begin to show signs of life.
Analyst Michaël van de Poppe tells his 659,100 Twitter followers that the peer-to-peer payment network Litecoin is poised to rise close to its 2023 high at around $103.
According to Van de Poppe, Litecoin could correct after reaching its initial target before resuming its uptrend.
“Great weekly candle, which will most likely keep us running towards $102. Then a slight correction before moving to $180 if there is a breakout above those recent highs.
At the time of writing, Litecoin is trading at USD 88.43.
The next step is the cross-border payment solution XRP. Van de Poppe says XRP could rise if it manages to convert a key level of resistance into support.
“I am interested in XRP if we reverse the USD 0.5025 level.
Then we can move on to the highlights.
At the time of writing, XRP is trading at USD 0.488.
The last coin on the trader’s radar is the memecoin Pepe. According to Van de Poppe, he hopes to build up PEPE if it falls by about 13% from current prices.
“Almost a 2x from the $0.00000085 level. It seems very likely that we will have another run in the coming months. If I were a buyer, I would be looking at a purchase for $0.00000135.
At the time of writing, PEPE is trading at $0.00000156.
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Featured image: Shutterstock/DomCritelli/Natalia Siiatovskaia