Analyst Predicts Rallies for Bitcoin Cash, Litecoin, Pepe and One Ethereum Rival

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A widely followed crypto analyst predicts rallies for Bitcoin Cash (BCH), Litecoin (LTC), meme asset Pepe (PEPE) and competitor Ethereum (ETH).

Pseudonymous crypto trader Kaleo tells his 593,100 Twitter followers that he believes the Bitcoin (BTC) BCH hard fork will continue the rally it sparked last month that saw it drop from the $106 level to a high of $321.89 on June 30, a 202% increase.

Have a good feeling BCH is far from over.

Source: Kaleo/Twitter

Bitcoin Cash has since retraced and is trading for $283 at the time of writing.

The strategist then turns his attention to Litecoin, saying he launched the crypto asset once it landed between $95 and $105, but says the altcoin could rally back to the $110 zone in due to the hype surrounding its upcoming halving date in August.

I’m a fan of throwing LTC in the $95-$105 range after HTF pullout [high time frame] resistance. With the hype around the halving coming just a month away, I think there is potential that we could see a decent squeeze to a recovery of $110+ on the HTF downtrend breakout.

Source: Kaleo/Twitter

Additionally, Kaleos charts indicate that he believes the LTC/BTC pair will surge above $0.0040. At the time of writing, it is valued at $0.003432 while Litecoin is trading at $97.30.

Moving on to the popular meme asset PEPE, Kaleo says he’s seeing moves on the front lines and envisions the altcoin moving back up to the $0.0000036 range, a price he hasn’t. seen since early June.

Source: Kaleo/Twitter

PEPE is trading for $0.000002 at the time of writing.

The trader concludes his analysis by saying that the Solana (SOL) smart contract platform is ready to break above the $20 price.

Source: Kaleo/Twitter

SOL is trading at $19.75 at the time of writing.

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