Despite the Red Picture, the Popular Analyst Thinks That An Altcoin Summer Is Approaching

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Cryptocurrencies have experienced a huge decline today, and almost all cryptocurrencies have seen withdrawals of over 10%. However, despite these downward movements, some analysts say that there is no need to panic and that the bull market will continue after the correction.

“There Is Altcoin Writing on the Horizon”

Michaël van de Poppe, one of the popular analysts of the market, said that he expects altcoins to experience serious rises in the coming summer and that there should be a focus on 3 altcoin units in particular.

The first cryptocurrency that Van de Poppe expects to increase is Litecoin (LTC). The analyst notes that LTC is currently in a build-up stage, and looking at the big picture, the growth potential of LTC is very large.

After the Van de Poppe accumulation stage, the 10th according to the market value. he notes that Litecoin, the largest cryptocurrency, has the potential to rise as high as $ 1,000. In order for LTC to reach the levels that the analyst says, it needs to experience an increase of about 5 times.

Litecoinin addition to the analyst, the decentralized oracle network october Chainlink(LINK) also indicates that there is a potential for a serious increase. Van de Poppe notes that he believes that if Chainlink rises above the current resistance levels, there is a possibility that the price will more than double.

In October, the analyst LINKEDhe also shares with his followers that his goal is $100.

Follow Stellar Lumens

The third cryptocurrency on the analyst’s list is Stellar Lumens (XLM). Stressing that the crypto currency is at an important resistance point for the moment, the analyst said that an upward momentum will begin with the breaking of this resistance and XLMit means that there will be serious increases in ’

October addition to these three altcoins, the analyst, Bitcointo increase its value by about 800% from current levels and Ethereumhe also notes that he expects that during this market cycle it will experience an increase of about 900% from current prices.

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