Altcoin Analyst Picks Two Large-Cap Altcoins To Move Markets
A well-known crypto analyst is naming two large-cap cryptocurrencies that could affect digital asset prices.
During the crypto correction, analyst Michaël van de Poppe tells his 657,600 Twitter followers that he is watching Litecoin (LTC) and XRP.
Van de Poppe thinks the two altcoins might boost crypto markets.
“Stay sharp, stay focused.
Keep an eye out for XRP and LTC.
They’ll move markets.
And check whether we’ll be able to flip above the 200-week moving average for the total market cap in the next week.”
Pseudonymous trader DonAlt is also watching XRP and LTC because he thinks their storylines could drive bullish price action.
“If you want to buy something, buy something with a narrative. That’s why I’ve been trading Litecoin; that’s why I’ve been trading XRP because I knew Litecoin – the halving narrative – you can make use of that.
XRP – the SEC case, you can trade that way. But those are the only ones that you can touch.”
LTC costs $77.58 and XRP $0.52.
Van de Poppe also likes Chainlink (LINK) long-term. Van de Poppe buys LINK at $5 and Litecoin at $77.
“Chainlink hits a new low. What does that mean?
It means that it’s still a great opportunity.
Investments take time, and buying at $6 is still a great choice. Buying at $5 is even better.
Survive the cascade and you’ll be fine.”
LINK is trading for $5.15 at the time of writing.
