Crypto Strategy Experts Predict Litecoin (LTC) And Chainlink (LINK) Potentially Generate Cuan

LTC. (Photo; Doc. Bitmetropolis)

JAKARTA - According to a well-known crypto analyst, Micha total van de Poppe, two crypto assets, Litecoin (LTC), and Chainlink (LINK), have the potential to make more than 100 percent profit. In a statement to his more than 659,700 followers on Twitter, Van de Poppe explained the reasons why he was optimistic about the two assets.

Van de Poppe observed that Litecoin, which is a peer-to-peer payment network, is showing signs of bullish after successfully breaking some technical resistance. After experiencing a sharp increase last week, Litecoin is currently trading around $106 (equivalent to IDR 1.5 million).

The analyst projects that Litecoin has the potential to jump to US$250 (around Rp3.7 million), which shows an increase of more than 135 percent from the current price. Van de Poppe saw positive factors, such as 200-week Moving Average gusts, 100-dollar resistance gusts, and hit a new annual high.

Meanwhile, in the context of Chainlink, which is a decentralized oracle network, Van de Poppe stated that this asset managed to retake its main support level at 6 US dollars (Rp90,000) after experiencing a decline to its lowest level in 2023 of around 5 US dollars (Rp75,000s). This bullish recovery indicates that LINK is at the top of an upward trend and has the potential to reach 15 US dollars (Rp225 thousand), which will increase its value by more than 127 percent of the current price of 6.60 US dollars (Rp99,000).

In addition, Van de Poppe also continues to monitor XRP movements. According to him, XRP can go up to USD 0.53 if it remains above the support level at USD 0.48. Despite the tendency to increase, Van de Poppe reminded that further confirmation is needed to confirm the clear price movement structure.

This statement illustrates the optimistic view of a crypto strategist on Litecoin, Chainlink, and XRP. However, as a highly volatile crypto market, investors are advised to conduct their own research and consider risk factors before making investment decisions.