Crypto Analyst Predicts XRP & LTC Breakouts if BTC Breaks $26.8K
• Crypto analyst Michael van de Poppe believes that XRP and Litecoin (LTC) can have a breakout if Bitcoin (BTC) can break above the $26,800 price level.
• If BTC is able to remain at this level then Van de Poppe believes it will have a green summer ahead.
• Van de Poppe also believes that the total altcoin market capitalization of crypto is on the edge of an important point and that closing above the 200-Week MA and EMA could be a good sign for investors.
Crypto Analyst Predicts XRP & Litecoin Breakouts
A widely followed crypto analyst predicts that XRP and Litecoin (LTC) can rally if Bitcoin (BTC) breaks through its current key price level of $26,800. Michaël van de Poppe, who has 657,400 Twitter followers, says that if BTC rises above $26,800 then there is potential for breakouts in XRP and LTC.
Bitcoin Must Overcome Price Level To Rally
Van de Poppe notes that Bitcoin must break through $26,800 in order to continue its current upward trajectory. If it does so then BTC could reach levels around $27,500 or even higher at $28,000 which would likely result in breakouts in both XRP and LTC. At time of writing BTC is worth $26,551.
Green Summer Ahead For Bitcoin?
The crypto analyst believes that if BTC can hold its current levels then it could be looking at a green summer ahead as it would be closing above both the 200-Week MA and EMA on its weekly chart.
Altcoin Market Capitalization On The Edge Of An Important Point
Van de Poppe’s analysis also extends to altcoins as a whole with him stating that total altcoin market capitalization is also on the edge of an important point with closing above the 200-Week MA and EMA potentially being a good sign for investors going forward.
Disclaimer & Advice
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