A crypto analyst, known as DonAlt, is predicting another price surge for XRP. He’s shared his positive outlook with his 65,000 YouTube followers.
Strong Performance and Consolidation
DonAlt believes XRP is currently one of the strongest cryptocurrencies, alongside Bitcoin. He points to its recent consolidation period following a December peak of $2.90 as a sign of strength. He stated that the charts look “excellent” for both the XRP/USD and XRP/BTC pairings, showing the potential for another upward price movement.
Bullish Outlook and Potential for Further Gains
DonAlt is particularly bullish on XRP’s future, suggesting it’s poised for a second leg up. He even says looking at the XRP chart makes his doubts about a broader crypto market peak disappear. He believes the recent price action suggests XRP is ready for another significant rally.
Chart Analysis and Resistance Levels
DonAlt presented a chart indicating that the only significant resistance level for XRP is around $2.73. He finds the current chart extremely positive and indicative of further growth.
Current Price and Disclaimer
At the time of writing, XRP is trading at approximately $2.50. Remember, this information is for general knowledge and shouldn’t be considered investment advice. Always do your own research before investing in cryptocurrencies.
