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Setsebi se Phahameng sa Crypto se Fana ka Ntlafatso ea Altcoin, e re Litecoin (LTC) e shebahala e le 'Bueno'
A widely followed crypto analyst is updating his followers on the state of altcoins, looking at Litecoin (LTC) le Chainlink (LINK) specifically.
Mohoebi oa Crypto Michaël van de Poppe e re his 657,300 Twitter followers that the total market cap for altcoins has “heavy” support on the 200-week moving average (MA) and the exponential moving average (EMA).
“Total market capitalization for altcoins is on a crucial level.
It shows that we’re looking at a heavy support on the 200-Week MA and EMA.
If those sustain, a new impulse move to the upside is likely.”
Mohloli: Michaël van de Poppe / TwitterLooking specifically at LTC’s 200-week MA and EMA, Van de Poppe o re: Litecoin is ready for price movements as we approach the altcoin’s halving.
“Litecoin fighting the 200-MA and EMA again on the Weekly timeframe.
Primed for a breakout, as we’re getting closer to the halving.”
Mohloli: Michaël van de Poppe / TwitterThe Litecoin halving is an event that occurs every four years where the block reward for mining Litecoin is cut in half. This reduces the supply of Litecoin and can lead to an increase in price. The trader nahana LTC looks good heading into its halving, expected in August of this year.
“Litecoin looks bueno.”
Litecoin is worth $94.52 at time of writing, up 9.4% in the last week.
Qetellong, Pheta hape a post from a few days ago, Van de Poppe calls Chainlink’s current price zone “the opportunity of a lifetime,” a sentiment he’s been expressing since at least February tsa selemo sena.
“Chainlink between $6-8 is an opportunity of a lifetime.”
LINK e rekisoa ka $6.39 ka nako ea ho ngola.
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Setšoantšo se hlahang: Shutterstock/Elnur/Natalia Siiatovskaia
Potso Setsebi se Phahameng sa Crypto se Fana ka Ntlafatso ea Altcoin, e re Litecoin (LTC) e shebahala e le 'Bueno' e hlahile pele ho Daily Hodl.
Mohloli oa pele: Daily Hodl