80% Increase Could Come: Analyst Expects Rise In This Altcoin!


80% Increase Could Come: Analyst Expects Rise In This Altcoin!

A widely followed crypto analyst has announced that he foresees a massive increase for XRP while updating his view on Bitcoin (BTC) and the two altcoins.

The analyst, known by the alias of altcoin Sherpa, told his 183,000 Twitter followers that XRP must rise to $0.60 before eventually climbing as high as $0.87.

80% Increase Could Come: Analyst Expects Rise In This Altcoin!

Koinfinans.com As we reported earlier, a rally towards Altcoin Sherpa’s target of $0.87 would mark an increase of around 80% for the popular crypto XRP.

The analyst later bitcoin He studied the price of the coin and found that the current price level of the coin looks “exhausted”, meaning it will drop soon. told.

“BTC: I think the wick around $18,500 looks very exhausted, the next wick seems likely to come. The next 18,000 and 17,500 demand areas.”

80% Increase Could Come: Analyst Expects Rise In This Altcoin!

Another cryptocurrency on the investor’s radar Optimism (KISS). Altcoin Sherpa said that while it expects a bounce for the OP in the short term, it expects it to eventually drop back to the $0.50 area.

“OP: This current area is an HVN formed in the volume profile. [yüksek hacimli düğüm]so maybe it can bounce, but I think it’s still a comfortable short to $0.50.”

80% Increase Could Come: Analyst Expects Rise In This Altcoin!

Altcoin Sherpa has completed its analysis by reviewing ApeCoin (APE). The analyst said the cryptocurrency is currently at a significant price level and “looks scary.”

“APE: $5.85 is an important level for me, it hasn’t closed daily above it for almost two weeks. Doing so means mid-$6, but it’s a strong level. I still have it in my portfolio but I took my profit around $5.90. It looks a little scary, so a little more profit can be made here.”

80% Increase Could Come: Analyst Expects Rise In This Altcoin!

You can follow the current price action here.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.



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