Popular analyst claims that crypto market players are overlooking an altcoin focused on payments, which has performed well in the last few months.
Altcoin sherpa, a crypto-strategist who goes by the pseudonym Altcoin Sherpa on social media platform X, told his 236 400 followers that he believed XRP would print new records before the end of the current market cycle.
For now, however, the trader will use Fibonacci retracement to create a solid support zone for XRP bulls.
“XRP is still underowned by the crypto-natives. The price of $2 seems reasonable and I believe this coin will reach its ATH by the end cycle .”
At the time this article was written, XRP’s value is $2.17.
The trader, looking at Popcat (POPCAT), believes the crypto-asset based on Solana’s (SOL), may be about to end its multiple-week-long downtrend.
POPCAT currently trades for $0.798 at the time of this writing.
Altcoin Sherpa, in a recent article about a cryptocurrency project called a Solana Killer, says traders shouldn’t underestimate the layer-1 protocol Sui despite its daily bearish chart.
It doesn’t seem like a good time to short the chart. This one is still going up regardless of the charts. Fade at your peril .”
SUI was worth $4.18 at the time this article was written.
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The post Crypto investors continue to sleep on one large-cap altcoin and see bottom for Solana-based Memecoin by Analyst may be updated as new information becomes available.
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