A Crypto Trader Says That Litecoin and Chainlink Will Go Up A Lot

A crypto expert that a lot of people pay attention to thinks that both Litecoin (LTC) and Chainlink (LINK) will see gains of more than 100%.

Analyst Michal van de Poppe tells his 659,700 Twitter followers that the peer-to-peer payments network Litecoin looks strong after breaking through several technical resistances after its steep rise last week.

The trader said that the price of Litecoin could go as high as $250, which is more than 135% more than its present price of $106.

“Litecoin looks great.

– Breaking through 200-week moving average and (200-week) exponential moving average.
– Breaking $100 resistance.
– New yearly highs.

Targets are $180 and $250 on this run, most likely first will be the end.”

Van de Poppe looks at the decentralised oracle network Chainlink and says that LINK has gotten back to its key support level of $6 after dropping to a low of around $5 in 2023.

Van de Poppe says that the bullish reclaim shows that LINK is about to start an uptrend that could take it as high as $15, which is more than 127% higher than its present value of $6.60.

“Chainlink is back in the range.

Flipped $6 for support, through which we’re on the edge of taking out many highs and expansion to the upside.”

Van de Poppe is also watching XRP closely. The trader said that XRP could go up to $0.53 as long as it stays above $0.48, which is a support level.

“Well, XRP did sweep higher, but doesn’t show a clear structure here.

Needs to have more confirmation, but likely we’ll start targeting $0.53.”

At the time this was written, XRP was worth $0.49.