A widely followed crypto trader is predicting bullish price action for XRP as he expects the sixth-largest digital asset to outperform Bitcoin (BTC).
Pseudonymous analyst Kaleo tells his 590,000 Twitter followers that he sees a bullish continuation for XRP after successfully retesting its diagonal resistance as support.
“XRP/USD low timeframe looks ready for another leg up as well.”
Source: Kaleo/Twitter
According to Kaleo, XRP could be following in the footsteps of Tron (TRX), which recently rallied from a low of $0.74 to a high of $0.85.
“For reference here’s what TRX just did. A similar squeeze could send XRP to $0.60+.”
Source: Kaleo/Twitter
At time of writing, XRP is trading for $0.52.
Looking at the XRP versus Bitcoin ratio (XRP/BTC), Kaleo says that the pair also looks poised to surge after breaking above its diagonal resistance.
“XRP/BTC pair looks primed for a squeeze as well.”
Source: Kaleo/Twitter
Meanwhile, fellow crypto strategist Cantering Clark is also
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