Litecoin, Fantom and this AI altcoin will explode according to a super successful trader

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Crypto analyst, van de Poppe, said recently that the price of BTC was trending lower and the analyst also analyzed other cryptos, including the AI ​​altcoin FET. While discussing FET in his analysis, Van de Poppe called it a strong sign.

Contrary to widespread expectations, the year has been a bearish season, with most digital currencies shedding their 2021 gains in just a few months. Still, the crypto market has yet to show any bullish momentum. Meanwhile, a prominent cryptocurrency analyst has released his analysis of some digital currencies. The digital currencies he analyzed include Bitcoin (BTC), Fantom (FTM), Litecoin (LTC) and the altcoin AI, FET.

Michal van de Poppe analyzes some cryptos

Michal van de Poppe, a famous crypto analyst, recently took to Twitter to share information about his price analysis of these cryptocurrencies with his over 643,500 followers. Speaking of BTC, the analyst noted that the flagship currency was trending lower.

According to him, BTC witnessed two severe rejections in the past week. He said the raw releases were at the $16,600 and $16,800 price levels respectively. Meanwhile, he believed that the leading digital asset may soon retest the $16,400 price resistance level.

If BTC recovers this price zone, the USD must rebound. However, if BTC fails to overcome this level of price resistance, it would drop to its next support level at $16,200,” he added. Furthermore, Van de Poppe believes that the native Litecoin (LTC) token is approaching a price zone that would be favorable for potential long trades. “LTC arrived at my destination earlier than I expected. Long regions ahead,

Additionally, the trader analyzed the performance of the layer-1 network, Fantom, identifying two important price points for FTM, its native token. “Let’s check if the trend can reverse on FTM,” the trader said. He explained that there was a critical level of support at $0.1990. However, the token is likely to break above a crucial resistance at $0.2025.

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The FET is powerful Van de Poppe

Subsequently, the analyst focused on the governance token (FET) of the machine learning network Fetch.ai. While discussing FET in his analysis, Van de Poppe called it a strong sign. “The altcoin has made this new bearish test; however, the price did not come down as much as I wanted to reach the fill. I already shared this one here,” he said.

Van de Poppe again spoke about FET, saying that the AI-powered blockchain had finally “reached the level”. according to him, “the token has risen, and it could continue to do so if the market remains stable.” According to current data from CoinMarketCap, FET is trading at $0.092536 and is up 1.13% in the last 24 hours.

However, the altcoin AI is still 92.16% below its all-time high of $1.19, recorded on September 8, 2021. The lowest value of the token since its introduction was $0.00816, reached on March 12, 2020. Van De Poppe’s analysis of these coins indicates that he is optimistic about them at least for the foreseeable future.

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