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Top Analyst Says He’s Ready to Grab XRP if Market Sees another Sell-Off

DonAlt, a pseudonymous crypto analyst and trader accustomed to making timely Bitcoin (BTC) and altcoins predictions, has recently stated that Ripple’s digital token XRP has one of the best-looking charts in the crypto market at the moment.

In a new strategy session, DonAlt showcased his readiness to scoop up XRP if the crypto market faces another sell-off. He said, “If I get a breakdown on Bitcoin, the one coin that I want to be buying is XRP.” 

Read Also: Macro Expert Raoul Pal Says He’s Bullish on XRP, Hopes Ripple Wins to Boost XRP Price

According to the vastly followed analyst, he’s looking forward to seeing XRP trade around $0.38 or below again in order to buy more. However, he thinks there is a good chance that this will not happen considering XRP’s current bullish pattern and trend.

“I feel like, I’m just looking at this chart [and] this wants to go up.”

Top Analyst Explains Why He’s Ready to Grab XRP if Market Sees another Sell-Off
Source: DonAlt/YouTube

DonAlt further stated that his bullishness goes beyond the charts. He’s also positive that Ripple, the cross-border payment firm that oversees the distribution of XRP, will win the ongoing lawsuit with the United States Securities and Exchange Commission (SEC).

Read Also: Big Win For Ripple and XRP: Judge Torres Orders SEC to Release Hinman Emails

He believes any kind of bottom is good for XRP because once Ripple wins the case, the embattled digital asset will see a meteoric price surge.

“I still think they’re going to win the case so any kind of bottom in crypto I think will moon XRP hard. I know the Bitcoin pair (XRP/BTC) looks really good as well. It’s one of the best-looking charts in crypto right now.” 

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At the time of filing this report, XRP is trading at $0.5292, with a relatively 1% price upsurge in the last 24 hours and a 14% increase over the last 7 days, according to CoinMarketCap.


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Solomon Odunayo
Solomon Odunayo
Solomon is a trader, crypto enthusiast, and analyst with over four years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.
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