Analyst Says Crypto Investors Continue To Sleep on One Large-Cap Altcoin, Sees Bottom for Solana-Based Memecoin
A popular analyst says crypto market participants are overlooking a payments-focused altcoin that has been performing well over the past few months. The crypto strategist pseudonymously known as Altcoin Sherpa tells his 236,400 followers on the social media platform X that he believes XRP will print record highs before the market cycle comes to a close. But for now, the trader uses Fibonacci retracement levels to map out a decent support area for XRP bulls. “XRP will continue to be under-owned and slept on by crypto natives. I still think $2 is a reasonable buy and that this will break ATH (all-time high) by cycle end.” Source: Altcoin Sherpa/X At time of writing, XRP is worth $2.17. Looking at the memecoin Popcat (POPCAT), the trader believes that the Solana (SOL)-based crypto asset may be in the midst of ending its multi-week downtrend. “POPCAT this should be the relative bottom.” Source: Altcoin Sherpa/X At time of writing, POPCAT ...