Recently popular analyst Kaleo said he was optimistic about the outlook for TRON (TRX) and XRP.
Speaking of XRP, he initially said that XRP could bounce back to its all-time high of $ 3.84. The analyst predicts another breakout will bring the coin to early 2018 levels, despite the SEC lawsuit against Ripple for allegedly selling XRP, an undisclosed security.
Kaleo called the potential boom “too hot” and one of his recent tweets suggested he would be long on XRP.
$ XRP / USD with a clean HTF breakout as well. pic.twitter.com/zPM1Taad0J
– KALEO (@CryptoKaleo) March 21, 2021
“$ XRP / USD with a clear HTF breakout.”
The analyst is also optimistic on TRON (TRX) and highlights similarities in the DOGE and TRX charts. Kaleo said TRON’s trading chart created a “pre-pump” vibe and predicts the coin will experience a parabolic rally after the breakout.
This diagram gives me $ DOGE Foreline vibes. When it erupts, it will go absolutely vertical. I have a bag. pic.twitter.com/89dev6KigM
– KALEO (@CryptoKaleo) March 20, 2021
In addition, Kaleo claims that BitTorrent Token (BTT) is in a similar position to TRON and is on the verge of hitting a new all-time high.
This entry was spot on.
Buy when everyone else is scared.
Seems ready to rip to a new ATH once that diagonal is cleared. pic.twitter.com/0VVWW1Yp6p
– KALEO (@CryptoKaleo) March 21, 2021
“This entry was correct, buy when others are afraid. It looks like it will be ready to switch to a new ATH once that resistance line is cleared. “
SN_Nour
According to Cryptoglobe
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