Renowned crypto strategist and trader Michael Poppe follows XRP, Lightcoin and two other subcoes he says have almost woken up.
In the new strategy session, the analyst informs his 116,000 YouTube subscribers that XRP is poised to grow, hitting an all-time high.
“If you look at the USDT values of XRP, you can actually get the Fibonacci extension to create the next target region. So if we do that with the Fibonacci correction, and we do that, we get $ 2.85 and $ 4.30 as the next target region for XRP in the next impulse wave. If we do this from the previous cycle, we can also say that we have reached 2,618 [Fibonacci region]. Therefore, in the next round, XRP is likely to rise to $ 4.30.”
April December 2020 of this year, XRP reflects the price movement of the sixth largest crypto assets, which rose from 1.052% to 0.17% to $ 1.96, according to Van de Poppe.
The next coin on the Poppe list is the stellar multi-currency trading network (XLM). According to the crypto analyst, XLM is likely to show an upward trend of more than $ 0.31 before rising to a 52-week high.
“It still looks normal. The probability that XLM will return to that high [$0.80] is important that it has some consolidation before it peaks.”
Van de Poppe also examines the price movement of Lightcoin in the bitcoin pair (LTC/BTC). Cryptotrader believes its peer-to-peer payment network has managed to stay above a significant level of support for bitcoin, decrying a new high of 0.01 BTC, which at the time of writing was worth $ 501.
“So I guess somewhere in that December [0.003 BTC, or $ 150 at the time of writing], we’ll have a bottom for lightcoin, after that we’ll back it up, do some consolidation, and then start working.”
Finally, the trader looks at Tezos ‘ smart contract platform against bitcoin (XTZ / BTC). According to Van de Poppe, steam forms the structure of the soil and is now
