It has been just revealed the fact that there are some pretty important predictions about the crypto market these days. Check them out below.
BTC, FTM and LTC price predicitons are out
A widely followed crypto analyst is breaking down Bitcoin (BTC) and altcoins after a week of sideways price action for crypto.
Crypto trader Michaël van de Poppe tells his 659,500 Twitter followers that BTC is now moving into a “potential scenario for a long trigger.”
At the moment of writing, BTC has a value of $30,038, experiencing a decrease of 1.6% in the last 24 hours and 0.6% in the past seven days. As for Fantom (FTM), a smart contract platform that competes with Ethereum (ETH), it seems to be on the rise according to Van de Poppe.
“This one looks primed for continuation upwards.
Many stops on shorts ready to be taken, through which holding above $0.30 can lead to a continuation towards $0.40.”
At the moment, FTM is being traded for $0.293, which marks a 2.5% decrease in the past 24 hours. Van de Poppe has expressed interest in Litecoin (LTC) and has suggested that it may experience a 2x gain similar to the recent rise of Bitcoin Cash (BCH) due to its upcoming halving event.
“Messy chart, but Litecoin looks ready for the pre-halving rally and follows BCH in a potential 2x.
Been mentioning it a few times, but it looks really good.”
LTC is worth $96.94 at the time of writing, up 14% in the last 24 hours.
Despite altcoins generally being down right now, Van de Poppe assures his followers that the next 3-5 years for crypto will be huge.
“The thing is that people literally never believe in an asset, when it’s down as much as Altcoins are right now.
If you look at the entire landscape of Crypto, the coming 3-5 years are going to be massive.
Acceleration of adoption.”
Stay tuned for more news from the crypto space.
