Bitcoin

Bitcoin, Litecoin & Stellar To Spike Before A Massive Crash, Claims Analyst

Author: Delma Wilson

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Delma is a B2B Content Marketer, Consultant, Blogger in the field of Blockchain, and Cryptocurrency. In her spare time, she loves to blog, play badminton and watch out ted talks. She likes pets and shares her free time with NGO.

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Today, the overall crypto market has turned red as the global crypto market cap has plunged by 1.76% over the last 24hrs and is trading at $921 Billion. Amidst this market crunch major cryptocurrencies have dropped below their crucial key levels. For example, Bitcoin, which has plunged below $19,200 area while Ethereum has lost $1,300 support zone.

As the top two cryptocurrencies are trading below their key levels, so do other altcoins like Cardano, XRP, Litecoin, Solanal among others.

However, a closely followed crypto analyst and strategist is predicting an upswing for Bitcoin (BTC), Stellar (XLM) and Litecoin (LTC) amidst their downward movement.

Bitcoin (BTC) Price At $21k 

The analyst who is known as Capo informs his 549,100 Twitter fanbase that the digital assets will see a spike until the Consumer Price Index (CPI) isn’t released , which is scheduled for Oct 13.

The analyst expects Bitcoin to spike nearly $21,000 but he also believes there will be a decline after The CPI data is released

At the time of publication, Bitcoin is changing hands at $19,227 with a drop of 0.57% over the last 24hrs.

Stellar (XLM) Price

Next, Capo talks about Stella (XLM) which is a bridge between two fiat currencies while transferring funds overseas. The analyst claims that XLM is set to surge nearly $0.167 before the currency crashes by 50%

At the moment, XLM is selling at $0.118 after a fall of 6.90% over the last 24hrs

Litecoin (LTC) Price AT $58?

The next currency that has caught the trader’s attention is Litecoin (LTC), a peer-to-peer payment network. In terms of Litecoin, the strategist is of the opinion that Litecoin will see a jump around 12% hitting a target of $58.

Currently, Litecoin is changing hands at $52.29 after a drop of 1.96% over the last 24hrs.

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Delma Wilson

Delma is a B2B Content Marketer, Consultant, Blogger in the field of Blockchain, and Cryptocurrency. In her spare time, she loves to blog, play badminton and watch out ted talks. She likes pets and shares her free time with NGO.

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