Cryptocurrency analyst and influencer Michaël van de Poppe believes altcoins will rally furiously this summer.
Van de Poppe tells his 228,000 Twitter followers that, “altsummer” is on the horizon as Ethereum goes for new highs in its BTC pair.
The analyst takes to YouTube to reveal which altoins he believes could provide traders the opportunity to earn some serious summer gains.
Van de Poppe kicks off his list with Litecoin (LTC), which he says is currently in an accumulation phase.
“…if you’re looking at the bigger picture you can see that we’ve got this accumulation going on here and that’s massive.”
Van de Poppe adds that after the accumulation phase, the 10th-ranked cryptocurrency by market cap could surge by “3X giving Litecoin a potential value of $1,000.”
The second altcoin that the cryptocurrency influencer is paying close attention to is decentralized oracle network Chainlink (LINK). Van de Poppe predicts that in the event that Chainlink breaks above the