High-profile cryptocurrency strategist and trader Michaël van de Poppe predicts that Cardano (ADA), Litecoin (LTC) and Zilliqa (ZIL) are almost ready to ignite the next phase of the bull cycles.You can follow us on our Twitter and Telegram channels to be informed instantly about the last minute developments .
In a new video, the crypto analyst tells his subscribers that Cardano is ready to end its multi-month consolidation against Bitcoin (ADA / BTC):
“I think if we maximize the range, we will experience a new wave of impulses and continue the rally. You should be aware of the fact that in a new wave of impulses you have a return at this level [resistance to support] at 0.0000235. If this happens, we can see that there is continuation in general. “
Looking at the long-term chart, the trader adds that the bullish cycle of ADA / BTC is still in its early stages because he believes the pair has a lot of upside potential. When it comes to the ADA / USD pair, Van de Poppe says that breaking the pair’s sudden resistance will throw Cardano up to $ 2.40.
“I think when we break this red line ($ 1.36), we’ll just exceed the previous high. We start the console. We can continue as the previous break becomes the previous high as a support zone. As long as this reverses, we will continue to move. “
The cryptocurrency strategist is also closely following Litecoin, which he says is ready to launch a 65% move against Bitcoin (LTC / BTC):
Van de Poppe’s radar in another currency, for corporate solutions block chain with a Zilliq. According to the trader, ZIL / BTC is in a strong uptrend and ready to gain over 120% from the current price of 0.00000363:
“We are ready for a new rally as we maintain the previous low, the key support level and are about to break the new high. I think we will pass 500 satoshi (0.00000500) and make a run towards 800 satoshi (0.00000800). “