The overall cryptocurrency market is currently experiencing uncertainty due to increased regulatory scrutiny, leading to a slight correction in assets like Bitcoin (BTC). Interestingly, as Bitcoin undergoes a short-term consolidation phase, market participants are turning their attention to alternative assets that have the potential to impact the overall sector.
In particular, renowned crypto trading expert and analyst Michaël van de Poppe, in a YouTube video posted on June 10, highlighted XRP and Litecoin (LTC) as the primary altcoins to monitor in the near future.
XRP
Poppe specifically emphasized the significance of the ongoing lawsuit against Ripple on XRP’s price direction. After analyzing XRP’s weekly chart, he identified a potential breakout scenario for the digital currency. Poppe suggested that if XRP successfully surpasses its resistance level at $0.52, it could surge toward the $1 mark.
“If we break the resistance, I think that we can start expanding to $0.75 but mo
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