RATE Group | Crypto Strategist Says XRP Poised for Major Move to the Upside – But Warns Bitcoin (BTC)…
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Crypto Strategist Says XRP Poised for Major Move to the Upside – But Warns Bitcoin (BTC)…

10 Feb Crypto Strategist Says XRP Poised for Major Move to the Upside – But Warns Bitcoin (BTC)…

Posted at 11:53h in Cryptocurrency News by

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XRP is now up more than 43% year-to-date and according to one one popular trading strategist, the rally is just getting started.

Crypto Michaël, a full-time trader, says XRP has finally snapped its two-year losing streak against Bitcoin (BTC). As long as XRP trades above $0.247, Michaël says it’s in a good position to surge to as high as $0.60 by June. But there is a catch – Bitcoin will have to cool down first.

“XRP: I think this one will do well, when BTC calms down. Broke a 2-year old downtrend on the BTC pair and flipped back in the range on the USD pair.

Holding above $0.247-0.25 and we could see continuation towards the range high at $0.47 and possibly $0.60.”

Source: Crypto Michaël/Twitter

Analyst Josh Olszewicz of Brave New Coin shares Crypto Michaël’s bullish view, after analyzing the third-largest cryptocurrency using the Ichimoku Cloud, which is an umbrella name for a set of technical indicators designed to highlight trend…

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