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Popular Crypto Trader Michaël Van De Poppe Says XRP And These 3 Altcoins Are Ready ‘For A Massive Breakout’ – Litecoin – United States Dollar ($LTC)

Popular Crypto Trader Michaël Van De Poppe Says XRP And These 3 Altcoins Are Ready 'For A Massive Breakout'
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Famous Trader of Cryptocurrency and Dogecoin (CRYPTO: DOGE) DUB Michael van de Poppe He said investors should watch for some altcoins that are ready for a “massive breakout” to the upside as the bull market continues.

What happened: Van De Poppe, who uses the username Michael cipher On YouTube and has 142,000 subscribers to his YouTube channel, he said investors should watch four altcoins.

See also: How to buy Dogecoin (DOGE)

1. Litecoin (CRYPTO: LTC): Amsterdam-based Van De Poppe notes that Litecoin is already showing a “magnificent breakout” as the cryptocurrency market enters the second phase of an upward cycle.

“Bullish force is currently happening in Litecoin through which we are making higher lows, higher highs. We are also making ourselves see a critical resistance area which could mean we get a corrective idea very soon,” said Van de Popp.

The corrective movement of the alternative currency will be regardless of whether it is or not Bitcoin (CRYPTO: BTC) the level touches $75,000.

The analyst said he is looking to enter Litecoin at around 3,500 sats (Satoshis).

Litecoin has increased in value by 7.2% in the past 24 hours and is trading at $267.04 at the time of writing.

2. Excellent: The second currency that the analyst is watching is XLM, which was unable to break through a crucial resistance area and is currently consolidating below the resistance point. He wants to see the altcoin break above the 650 sats level.

The price of Stellar increased by 3.3% in the last 24 hours to reach $0.3998.

3. Ontology: The analyst noted that Ontology is also facing a critical resistance point in the $1.1538-$1.3273 level that it has not yet been able to break.

“If that breaks, it could happen that we got 45% in Ontology,” Van de Poppe said.

Ontology is up 0.5% over the 24-hour period, to $1.15 at press time.

4. XRP: The analyst noted that the actual breakout for XRP is still to occur above $1.31.

“If that happens, we can use the Fibonacci extension to derive the next target point, and then look at a retest of that entire block around $1.75,” he said.

XRP is down 1.9% in the past 24 hours to reach $1.24.

Now Read: These Dogecoin and Shiba Inu Replicas Make Big Gains Today, With Elon Musk’s Single Coin Soaring 950%

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