While ADA might reach between USD 0.55 and USD 0.75 after the Cardano upgrade, XRP might experience a breakout against Bitcoin. EOS might move toward USD 1.35 before reaching USD 2, but ATOM might head toward USD 18 if it holds above USD11.
While the community awaits the upcoming upgrade of Cardano, renowned analyst Michael van de Poppe says this could lead ADA to new highs.
The Analyst Predicts that the ADA Price Will Increase
The expert predicts that Cardano (ADA) could reach between USD 0.55 and USD 0.75, levels not seen since February. The upgrade scheduled for September might cause an increase in the price.
ADA is trading at around USD 0.501006 and has accumulated a 2.9% gain over the last 24 hours. While its daily trading volume is above USD 679.31 million, its market capitalization is about USD 16.92 billion, According to CoinGecko.
Van de Poppe Forecasts a Rise in the XRP Price
According to Michael van de Poppe, the price of Ripple (XRP) might experience a breakout against Bitcoin (BTC). He also believes that XRP will rise above 0.000017 BTC and hit a target of 0.000022 BTC.
XRP is trading at around USD 0.336422 and has accumulated a 3.6% gain over the last 24 hours. While its daily trading volume is above USD 946.45 million, its market capitalization is about USD 16.68 billion, according to CoinGecko.
The EOS Price Might Reach USD 1.35 before Hitting USD 2
The strategist thinks the smart contract protocol EOS (EOS) will move toward the USD 1.35 support before hitting USD 2. He recommends that his followers remain firm, as there is always a new test in a market correction.
EOS is trading at around USD worth USD 1.54 and has accumulated a 6.6% gain over the last 24 hours. While its daily trading volume is above USD 389.13, its market capitalization is about USD 1.55 billion, according to CoinGecko.
The Strategist Thinks LTC Will Suffer a Pullback before Rising
Van de Poppe expects open source software project Litecoin (LTC) to suffer a slight pullback before rising by 35%. He says that it has launched a 50-day MA as it holds above USD 59 to reclaim the USD 80 area.
LTC is trading at around USD 60.06 and has accumulated a 03% loss over the last 24 hours. While its daily trading volume is above USD 405.44 million, its market capitalization is about USD 4.25 billion, according to CoinGecko.
The Value of ATOM Might Break above the USD 11 Support
According to the specialist, the price of Cosmos Hub (ATOM) seems bullish unless it breaks above USD 11. He predicts the crypto asset will head toward the USD 17 and USD 18 levels if it holds above that area.
ATOM is trading at around USD 12.52 and has accumulated a 2.5% loss over the last 24 hours. While its daily trading volume is above USD 288.02, its market capitalization is about USD 3.65 billion, according to CoinGecko.
By Alexander Salazar
