A popular crypto analyst thinks one top-10 altcoin is on the verge of another rally.
The pseudonymous analyst known as Altcoin Sherpa tells his 240,300 followers on the social media platform X that XRP‘s next leg is loading.
XRP is trading at $3.17 at time of writing. The 3rd-ranked crypto asset by market cap is up more than 5% in the past week.
Altcoin Sherpa also thinks Bitcoin (BTC) is loading a “god candle” that will take its price to $120,000.
BTC is trading at $103,254 at time of writing. The top-ranked crypto asset by market cap is down more than 2.5% in the past 24 hours but up more than 3% in the past week.
Altcoin Sherpa also maps a potential path forward for XRP rival Stellar (XLM).
“You can see a multi-year consolidation box in green followed by an explosive move and then down. I suspect we’re going to see one last exit pump for these types of coins; I don’t know if it breaks the former all-time high, but it should still go higher than now.”
XLM is trading at $0.427 at time of writing. The 18th-ranked crypto asset by market cap is down nearly 4% in the past 24 hours and nearly 10% in the past week.
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