3 Times Knowing Analyst Announces the Next Altcoin to Explode!

A widely followed cryptocurrency analyst shared his comments on XRP. He says he maintains his belief in a bullish stance for XRP until the altcoin reaches its price target. Here are the details...

Analyst reveals the ranges he follows for altcoins

DonAlt says XRP has broken critical resistance at $0.40 and there is little between where it is now and the $0.60 range. The analyst points to the XRP/USD pair, pointing out that it broke out of the $0.40 high and stopped at $0.50. He says broader resistance is at $0.60. While emphasizing the importance of breaking $ 0.40 in the short term, he advocates holding XRP until it sees at least $ 0.60. The analyst also uses the following statements:

GIVEN THAT THESE LEVELS ARE CLOSE, AND ALSO GIVEN THE RECENT GREEN CANDLES IN THE CRYPTOCURRENCIES, THERE IS ANOTHER STEP. IN CASE THE RISE IS INVALID, A TOTAL LOSS OF MOMENTUM AND/OR MOVEMENT BELOW THE BREAKOUT LEVELS IS OBSERVED.

Analyst reveals the ranges he follows for altcoins

XRP in the spotlight due to SEC lawsuit

Last week, DonAlt said he was mostly bullish on XRP due to the optimism surrounding Ripple Labs' lawsuit with the US Securities and Exchange Commission (SEC). As cryptoify.blogspot.com reported, both sides of the case have filed for summary judgment. The analyst mentioned a price target as high as $3, or about 650 percent above current levels. The analyst used the following statements:

IN GENERAL, I WANT TO HOLD XRP UNTIL THE SEC NEWS WARMS UP BECAUSE IT POINTS TO THIS KIND OF NARRATIVE. IT'S ONE OF THE FACTORS WHY I WANT TO BUY THIS THING AND I ACTUALLY WOULDN'T HOLD ALTCOIN FOR THIS LONG. IF THEY WIN THE CASE... I THINK IT'S GOING TO BE A HUGE SPIKE... IF THE CASE GOES IN FAVOR OF RIPPPLE, A LOT OF PEOPLE WILL BUY THE COIN AGAIN. I'LL SELL IT IN THAT PUMP... IF BITCOIN LOOKS SOLID AT $21,000, I'D HOLD THE COIN UNTIL IT'S $1, IF NOT $2 OR $3.

Analyst correctly predicted certain levels

As we reported on cryptoify.blogspot.com, the analyst predicted the $6,100 seen in March in recent years. He also correctly predicted that Bitcoin would rise 44 percent at the beginning of January. On February 12, he identified BTC's peak above $10,300. Meanwhile, the value of XRP is at $0.43, up 3.6 percent. That is, it has managed to stay above the analyst's $ 0.40. XRP has been one of the most rising major coins on a weekly basis, rising 10.2 percent in the last 7 days.

Source: Dailyhodl