Cryptocurrency

Litecoin

Chainlink

Noted cryptocurrency analyst and strategist Michaël van de Poppe has signaled an upcoming bullish run for major altcoins Litecoin (LTC) and <a href="https://en.coin-turk.com/future-of-cryptocurrencies-and-analysis-on-chainlink-link-a-transformation-faster-than-the-internet/" data-wpel-link="internal">Chainlink</a> (LINK), with potential for over 100% increase in value. Here are the analyst’s predictions for LTC and LINK.&nbsp; 
<h2 id="anticipating-triple-digit-surge-for-ltc-and-link">Anticipating Triple-Digit Surge for LTC and LINK</h2> 
<a href="https://en.coin-turk.com/south-korea-approves-first-independent-cryptocurrency-law-bolstering-investor-protection/" data-wpel-link="internal">Crypto</a>currency analyst Michaël van de Poppe noted that peer-to-peer payment network Litecoin has been bullish since breaking through several technical resistances after its sharp rise last week. According to the analyst, LTC could potentially surge to $250, which signifies an increase of more than 135% from its current price of $106.&nbsp; 
Poppe stated in his commentary on the altcoin, “Litecoin looks fantastic. It has surpassed the 200-week moving average and the exponential moving average. It broke the resistance at $100. It hit a new record for the year. Its consecutive targets in this bull run are $180 and $250.”&nbsp; 
<img decoding="async" class="aligncenter wp-image-88197 size-full" src="https://en.coin-turk.com/wp-content/uploads/2023/07/ltc-2.png" alt="" width="1374" height="698" srcset="https://en.coin-turk.com/wp-content/uploads/2023/07/ltc-2.png 1374w, https://en.coin-turk.com/wp-content/uploads/2023/07/ltc-2-300x152.png 300w, https://en.coin-turk.com/wp-content/uploads/2023/07/ltc-2-768x390.png 768w, https://en.coin-turk.com/wp-content/uploads/2023/07/ltc-2-1200x610.png 1200w" sizes="(max-width: 1374px) 100vw, 1374px"> 
Following Litecoin, Poppe turned his attention to the decentralized oracle network Chainlink. According to Poppe, after falling to its 2023 low of approximately $5, LINK managed to reclaim its critical support level of $6. This, according to the analyst, could trigger a rise that could take LINK to $15, signifying a rise of more than 127% from its current price of $6.60.&nbsp; 
For the anticipated increase, the analyst stated, “Chainlink is back in the bullish range. It passed $6 and turned it back into support. As a result, we are on the verge of surpassing higher levels and going upwards.”&nbsp; 
<img decoding="async" class="aligncenter wp-image-88196 size-full" src="https://en.coin-turk.com/wp-content/uploads/2023/07/link.png" alt="" width="1386" height="700" srcset="https://en.coin-turk.com/wp-content/uploads/2023/07/link.png 1386w, https://en.coin-turk.com/wp-content/uploads/2023/07/link-300x152.png 300w, https://en.coin-turk.com/wp-content/uploads/2023/07/link-768x388.png 768w, https://en.coin-turk.com/wp-content/uploads/2023/07/link-1200x606.png 1200w" sizes="(max-width: 1386px) 100vw, 1386px"> 
<h2 id="also-closely-following-ripple-s-xrp">Also Closely Following Ripple’s XRP</h2> 
Van de Poppe is also closely following Ripple’s XRP. According to the analyst, as long as XRP remains above the $0.48 support, it could potentially rise to $0.53:&nbsp; 
<blockquote>
 XRP is bullish, but a clear bullish view is not the case here. More confirmation is needed, but it will probably be targeting $0.53.
</blockquote> 
The post <a rel="nofollow" href="https://en.coin-turk.com/analyst-foresees-over-100-surge-for-altcoins-litecoin-and-chainlink/" data-wpel-link="internal">Analyst Foresees Over 100% Surge for Altcoins Litecoin and Chainlink&nbsp;</a> appeared first on <a rel="nofollow" href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

Analyst Foresees Over 100% Surge for Altcoins Litecoin and Chainlink

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