XRP, Bitcoin Cash, Two Other Altcoins Position To Outperform Bitcoin, Top Crypto Analyst Predicts

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A widely followed crypto analyst and trader has said that XRP, Bitcoin Cash and two other crypto assets are about to trigger rallies to potentially outperform Bitcoin (BTC).

The popular crypto strategist, known in the industry as DonAlt, tells his 289,000 followers that the XRP / BTC pair prints a large inverted head-and-shoulders pattern, which is technical formation that could signal the emergence of an uptrend.

“Head and shoulders reversed on HTF [high timeframe] cycle bottom support… Up 50% and still far from resistance. I’ll just be patient and hold on. If this completely reverses on me, I will sell a little above the breakeven point. Sounds pretty good to me. “

Source: DonAlt / Twitter

According to DonAlt’s chart, the XRP / BTC pair could reach 0.00007852 BTC, valued at $ 3.77 at the time of writing. The move to the price target marks a potential upside of 185% for the pair’s current value, which is 0.00002748 BTC ($ 1.31) at the time of writing.

Next is the decentralized peer-to-peer Bitcoin Cash (BCH) electronic cash system. DonAlt says the BCH / BTC pair has managed to stay above a key support level and is now poised to rally to its goal above 0.02 BTC, worth $ 950.

“Honestly, it looks like a good setup here. The next resistance is around 50% and the invalidation is tight. “

Source: DonAlt / Twitter

Next up is the VeChain supply chain management (VET) platform. According to DonAlt, VeChain is showing signs of life against Bitcoin (VET / BTC) after maintaining support at 0.00000196 BTC ($ 0.09). If the pair holds the crucial price zone, DonAlt sees VET / BTC skyrocket to 0.0000045 BTC, worth $ 0.21.

“Bad below green (196 satoshis). Right and widens above red (450 satoshis).

Source: DonAlt / Twitter

The final piece is the blockchain-based operating system Tron (TRX). DonAlt says the TRX / BTC pair successfully retested a key support level in the weekly period at 0.0000015 BTC ($ 0.07). If TRX / BTC follows the strategist’s script, DonAlt sees it rally to 0.000003 BTC, or $ 0.14.

“TRX actually looks pretty good against BTC here. Invalidation below green (150 satoshis). Red target (300 satoshis).

Source: DonAlt / TwitterDon’t Miss a Beat Subscribe to receive crypto email alerts straight to your inbox Follow us on Twitter, Facebook and Telegram Surf The Daily Hodl Mix Check the latest news No notice responsibility: the opinions expressed in Daily Hodl are not investment advice. Investors should do their due diligence before making high risk investments in Bitcoin, cryptocurrency, or digital assets. Please note that your transfers and transactions are at your own risk and that any loss you may suffer is your responsibility. The Daily Hodl does not recommend buying or selling cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in Affiliate Marketing.

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