A leading crypto analyst and trader is plotting bullish paths for Cardano (ADA), Litecoin (LTC), and Dogecoin (DOGE).
These altcoins are ready to rise
Famous trader Kaleo says the emerging smart contract platform Cardano (ADA) looks set to take off. Kaleo predicts that ADA will increase the BTC exchange rate by over 70% from 0.0000236 to 0.00004.
Another asset Kaleo is watching is the Bitcoin fork Litecoin, which he believes has a chance to triple in the coming weeks. The asset is currently traded around $ 288 with a market value of $ 19 billion.
The famous trader added that the $ 305 level could provide a nice entry point for those looking to head to LTC before starting the next leg of its rise. However, the asset fell below the $ 305 bid as it was traded at $ 295 at the time of writing.
Dogecoin, another bitcoin fork, has been rising steeply this week, up nearly 400% over the past seven days. Despite its rapid rise, Kaleo believes the presence will rise even higher.
The analyst predicts that DOGE could reach $ 0.80 in a recent march and increase by over 122% from 0.00000495 to 0.000011 against BTC.