Michael van de Poppe, a well-known analyst who closely follows the cryptocurrency industry, explained the leading altcoins that can benefit from the horizontal course of the Bitcoin (BTC) price. In a statement to his more than 207,000 followers, Poppe emphasized that he particularly follows altcoins in the top 50.
First Place Among Sleeping Giants: Litecoin
Poppe noted that Litecoin (LTC) is the first cryptocurrency targeted. Poppe said the LTC had given signals that its bullish-driven movement would continue. Stressing that this would be higher than the current lows, the analyst pointed to a resistance of 0.005 SATS against iste BTC as a target. That means an increase of almost 80% from the current level.
Another cryptocurrency on Poppe's radar was Tezos. The analyst, who expects the price of Tezos, which is included among the Sleeping Giants, to rise from 0.0001 BTC to 0.00019 BTC, stressed that a 90% rise is possible.
The analyst said Tezos could still achieve serious gains at certain points and had not yet joined the altcoin rally.
3 Discredited Altcoins Could Break Records
Third on Michael van de Poppe's list is Celer Network (CELR). Poppe, who thinks CELR/BTC parity has reached a potential entry point, expects a 122% rise for this. According to Poppe's statement, a level of 0.000002 SATS against BTC may be possible.
The fourth cryptocurrency on Poppe's list is Ocean Protocol (OCEAN), while the fifth is Komodo (KMD). Analysts expect an increase of 35% from the current level for OCEAN and 140% from the current level for KMD.

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