High profile crypto strategist and trader Michaël van de Poppe; Cardano (ADA) predicts that Litecoin (LTC) and Zilliqa (ZIL) are almost ready to ignite the next phase of the bull cycles.
In a new video, the crypto analyst told YouTube subscribers that Cardano is ripe to end several months of consolidation against Bitcoin (ADA / BTC).
“I think if we take the range higher, we’ll have a new wave of impulses and keep running. You should be aware of the fact that in the new wave of impulses that is expected to occur, you will have a resistance turned into support at this 0.0000235 level. If this happens, we can see the continuation happening 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.
As for 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 break the previous high, we start consolidating and then we start to continue as the previous breaker turns into the previous high as a support zone. As long as this transforms, we will continue to act. ”
The crypto strategist is also closely monitoring Litecoin, which he says is ready to launch a 65% move against Bitcoin (LTC / BTC).
Another coin on Van de Poppe’s radar is Zilliqa, a blockchain for corporate solutions. According to the trader, the ZIL / BTC pair is in a strong uptrend and is ready to gain over 120% from the current price of 0.00000363.
“We are ready to take a new run while maintaining the previous low, important support level, and we are about to break the new high. I think we will pass 500 satoshi (0.00000500) and go on a run towards 800 satoshi (0.00000800). “