Fintechs.fi

Fintech & Crypto News

Analyst Predicts Rallies For One ETH Rival, Pepe, LTC, and BTC Cash

A popular crypto expert thinks that Bitcoin Cash (BCH), Litecoin (LTC), the meme asset Pepe (PEPE), and one Ethereum (ETH) competitor will all go up in value.

The fake crypto trader Kaleo tells his 593,100 Twitter followers that he thinks the Bitcoin (BTC)-hard fork BCH will continue the rise it started last month, which saw it go from around $106 to a peak of $321.89 on June 30th, a 202% increase.

“Have a good feeling BCH is far from done.”

Source: Kaleo/Twitter

Since then, Bitcoin Cash has gone back down, and at the time of writing, it is worth $283.

The strategist then talks about Litecoin, saying that he would “punt” the crypto asset once it lands between $95 and $105, but that the altcoin could rise back up to the $110 area because there is a lot of excitement about its halving date coming up in August.

“I’m a fan of punting on LTC in the $95-$105 range after the pullback off HTF [high time frame] resistance. With hype around the halving coming up only a month away, I think there’s potential we could see a decent squeeze at a reclaim of $110+ on the HTF bearish trend break.”

Source: Kaleo/Twitter

Also, Kaleo’s charts show that he thinks the LTC/BTC pair will go through the roof above $0.0040. At the time this was written, it was worth $0.003432, while Litecoin was worth $97.30.

Moving on to the popular meme asset PEPE, Kaleo says he’s “seeing some movements on the front lines” and that he thinks the altcoin will go back up to the $0.0000036 range, a price it hasn’t seen since early June.

Source: Kaleo/Twitter

At the time this was written, the price of PEPE was $0.0000002.

At the end of his study, the trader says that the price of smart contract platform Solana (SOL) is about to go over $20.

Source: Kaleo/Twitter

At the time of writing, SOL is being sold for $19.75.