Popular bullish crypto analyst on $ XRP, predicts huge price explosion

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The host of the popular crypto trading show Altcoin Daily is bullish on XRP, predicting that the coin is on the verge of a huge price explosion.

Speaking in a recent YouTube update, Altcoin Daily host Aaron Arnold listed his predictions for altcoins that are about to appear and have big short-term price movements. The host highlighted XRP as a crypto-asset on the verge of a breakthrough based on several key mapping metrics.

According to the trader, XRP is showing bullish trading signals on the parabolic stop and reverse (SAR) indicator. Arnold predicted that XRP could experience a 30% price change in the next wave of volatility.

As reported by The Daily Hodl, Arnold said:

XRP is on the verge of a 30% price change. XRP looks set to increase volatility. Could see its price evolve by more than 30% the Parabolic [SAR] the points turned bullish indicating that a breakout is in progress.

Other popular traders have signaled a potential bullish move for XRP in the near term. Crypto trader and market commentator DonAlt told his 300,000+ Twitter followers that he had re-accumulated XRP during the coin price decline in recent months.

According to the popular Twitter trader, he made a 10% profit buying XRP during the downside and gave the moon coin one last chance before selling it again.

$ XRP

I bought back my XRP bags, managed to get over 10% cheaper than where I sold last time, which is pretty good.

I’m ready to give it one last chance at the moon, close below 2270 sats this week and I’ll gtfo and wait for better days pic.twitter.com/QrLUSCmdX4

DonAlt (@CryptoDonAlt) August 27, 2021

Disclaimer

The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing or trading crypto-assets carries a risk of financial loss.

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