Top Analyst Forecasts Big Bounce for One Red-Hot Altcoin, Updates Outlook on Bitcoin and Ethereum

Expert Michaël van de Poppe is anticipating a huge rally for one altcoin that has actually risen over 66% in less than one month amidst weak point in the more comprehensive crypto markets.

Van de Poppe informs his 642,800 Twitter fans that he’s searching for a strong bounce for peer-to-peer payments network Litecoin (LTC) after the altcoin just recently published its existing regular monthly high of $84.73.

According to the expert, Litecoin has good assistance levels at $71 and $65 where LTC might rally en path to his target of $96, recommending an upside capacity of in between 35% and 47% for the Bitcoin (BTC) tough fork.

“Patiently waiting on chances on Litecoin.”

Taking A Look At Bitcoin itself, Van de Poppe states he’s taking a look at a number of bullish situations for BTC.

“Ideally the bullish one, in which a recover of $17,200 is a trigger for longs towards $18,100. Otherwise $16,200-16,500 and recover of $16,900 after a sweep.”

Sometimes of composing, Bitcoin is switching hands for $17,072.

When It Comes To Ethereum (ETH), Van de Poppe anticipates a correction towards the $1,200 level prior to the leading wise agreement platform might spark a rally towards his very first target of $1,334.

“Would be fantastic if we get this chance on ETH.”

Sometimes of composing, Ethereum is changing hands for $1,271, a fractional dip on the day.

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