One of the most followed crypto analysts on Twitter says Ripple’s native token, XRP, is a good trading opportunity and predicts a breakout at two more altcoins.
In a series of tweets, an analyst nicknamed Kaleo told his 296,000 followers that XRP was on the up.
“Don’t lie. XRP looks fantastic.”
Source: Kaleo / Twitter
Kaleo also said it is time for traders to look for opportunities in Tron (TRX). According to him, the digital content platform is ready to soar even higher.
“Time to pay attention to TRX again. I expect it will soon return to the top of the range, similar to the levels we saw in XRP today. “
Source: Kaleo / Twitter
Kaleo noted that Tron also proved strong on its Bitcoin pair (TRX / BTC) as TRX climbed forward.
“TRX / BTC is in the process of forming a large bullish flag pattern after an almost 4-year HTF (High Time Frame) breakout. I think it’s just a matter of time. “
Source: Kaleo / Twitter
The analyst is also watching Terra (LUNA) closely, saying that the altcoin is poised to break above the accumulation zone around $ 15.00 and rise to new all-time highs shortly after the correction.
“LUNA / USD is still consolidating at the lower end of the range. As soon as BTC hits a bottom, I expect this altcoin to retest the resistance line before breaking out.
Look for something like that from here. “
Source: Kaleo / Twitter
Kaleo added that LUNA / BTC will continue to consolidate in the coming weeks before taking a long-awaited move towards all-time highs.
“LUNA / BTC continues to consolidate. The pair could move around that range for a week or two and will eventually make the move we’ve all been waiting for.
Source: Kaleo / Twitter
Disclaimer: This article is for informational purposes only, not investment advice. Investors should research carefully before making a decision. We are not responsible for your investment decisions.
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