2021-08-17 11:00:32
XRP, Bitcoin Cash and Two Other Altcoins Positioning To Outperform Bitcoin, Predicts Top Crypto AnalystA widely followed crypto analyst and trader says XRP, Bitcoin Cash and two other crypto assets are poised to ignite rallies to potentially outperform Bitcoin (BTC).
The popular crypto strategist, known in the industry as DonAlt, tells his 289,000 followers that the XRP/BTC pair is printing a large inverse head-and-shoulders pattern, which is a technical formation that could signal the emergence of an uptrend.
“Inverse head and shoulders on top of HTF [high timeframe] cycle bottom support… Up 50% and still far away from resistance. I’ll just be patient and hold. If it full-blown reverses on me, I’ll sell a bit above breakeven. Looks pretty good to me.”
Source:
DonAlt/TwitterAccording to DonAlt’s chart, the XRP/BTC pair could surge to 0.00007852 BTC, worth $3.77 at time of writing. The move to the price target marks a 185% upside potential for the pair’s current value, which is 0.00002748 BTC ($1.31) at time of writing.
Next up is decentralized peer-to-peer electronic cash system Bitcoin Cash (BCH). DonAlt says the BCH/BTC pair has managed to stay above a key support level and is now ready to rally to his target above 0.02 BTC, worth $950.
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