Amidst the volatile crypto market, a well-known crypto analyst and trader, Michael Van De Poppe, has put forward his analysis of XRP, Cosmos (ATOM), Litecoin (LTC) and Tezos (XTZ).XRPPoppe informs his 627,100 Twitter followers that though Ripple’s XRP is facing a sell-off, the current price is advantageous for bullish action.He claims that XRP’s current $0.33 is the level for traders looking to go long.Request 05 – $XRPEverything is running and in between levels.For me, on $XRP, I’d be looking at resistancea round $0.38 for shorts.If the market falls back, I’d be looking at $0.335 for longs. pic.twitter.com/gZnj52Rgyh— Michaël van de Poppe (@CryptoMichNL) September 11, 2022 At the time of publication, XRP is selling at $0.336 after a drop of 2.67% in the last 24hrs.Cosmos (ATOM)The analyst also talked about Cosmos (ATOM), a network that is dedicated to scaling and interoperating. Here, he asserts that $13.30 acts as the first support, and then $11.22 and $9.96Request 01 – $ATOMThis one is looking great. Followed the scenario nicely here, in which the support at $12 was important to hold, resulting into this massive move.Based on daily timeframe; no long region. Around $13.30 first one.Might be short around $20 for scalps. pic.twitter.com/I1fqDeOGBl— Michaël van de Poppe (@CryptoMichNL) September 11, 2022 Currently, Cosmos (ATOM) is trading at $14.25 with a downswing of 5.21% in the last 24hrs.Litecoin (LTC)The next altcoin that has caught the trader’s attention is Litecoin (LTC) which is a peer-to-peer payment network. Though Litecoin is currently under bearish control, the strategist is of the opinion that LTC will surge against the flagship currency (LTC/BTC)As per Van de Poppe, until Litecoin’s price is above $0.0028 BTC, the currency is bullish.At the moment, Litecoin has plunged by 6.34% in the last 24hrs and is currently valued at $59.92Tezos (XTZ)Before Michael winds up his analysis, he talks about Tezos (XTZ), a smart contract network. As per the expert, it’s important for Tezos to stick above the support level of $1.44 to make a bullish move toward $2.85Request 03 – $XTZMarket looking ready for big breakouts all over the place.Double bottom structure. Needs to break $2 and then we’ll be good towards $3 resistance. pic.twitter.com/bV1MvgKm91— Michaël van de Poppe (@CryptoMichNL) September 11, 2022 Presently, Tezos (XTZ) is trading at $1.57 with a fall of 0.77% over the last day.Was this writing helpful?
