A widely followed crypto strategist is outlining what he thinks is in store for Litecoin (LTC), XRP and Pepe (PEPE) as the digital asset markets flash signs of life.
Analyst Michaël van de Poppe tells his 659,100 Twitter followers that the peer-to-peer payments network Litecoin is primed to surge close to its 2023 high at around $103.
[adinserter block="1"]According to Van de Poppe, Litecoin could correct after hitting his initial target before resuming its uptrend.
“Great weekly candle, through which we’ll most likely continue running towards $102. After that, slight correction before continuation towards $180 if a breakout above those recent highs is happening.”
At time of writing, Litecoin is trading for $88.43.
Next up is the cross-border payments solution XRP. Van de Poppe says XRP could rally if it manages to convert a key resistance level into support.
“I’m interested in XRP if we flip the level of $0.5025.
Then we can start having continuation towards the highs.”
At time of writing, XRP is trading for $0.488.
The last coin on the trader’s radar is the memecoin Pepe. According to Van de Poppe, he’s looking to accumulate PEPE should it decline by about 13% from current prices.
“Almost a 2x from the $0.00000085 level. It seems very likely that we’ll be having another run in the coming months. If I’d be a buyer, I’m looking at a buy at $0.00000135.”
At time of writing, PEPE is trading for $0.00000156.
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Featured Image: Shutterstock/DomCritelli/Natalia Siiatovskaia
