Michaël van de Poppe tells his 627,100 Twitter followers that the seventh largest crypto asset is now at a favorable price level for XRP bulls.
“If the market falls back, I would look at $0.335 for longs.”
At the time of writing, XRP is changing hands for $0.333, down 7% on the day.
The next step is Cosmos, a blockchain ecosystem designed to scale and be interoperable. Van de Poppe identifies $13.30 as the first region of support for ATOM, followed by $11.22 and then $9.69.
As of this writing, ATOM is trading hands for $13.97, a devaluation of almost 10% in the last 24 hours.
Another altcoin on the merchant radar is peer-to-peer payment network Litecoin (SLD). Despite the latest correction in the crypto markets, Van de Poppe says Litecoin still looks set to rally against Bitcoin (LTC/BTC).
“Looks like we’re going to have a sequel on the older pieces. As long as [0.0028 BTC] hold on SLDwe would be ready to leave.
At the time of writing, the pair is valued at 0.0029 BTC worth $58.58.
The last coin on Van de Poppe’s list is the smart contract platform Tezos (XTZ). Van de Poppe says that XTZ needs to hold support at $1.44 to have any chance of sustaining its bullish momentum to rally towards its target at $2.85.
At the time of writing, XTZ is trading at $1.53, down almost 7% on the last day.
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