China News Daily TheBitTimes.com

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 ...

A widely followed crypto analyst says that one meme asset that has seen a 300x surge in under a year is on the brink of sparking another major rally. Pseudonymous crypto trader Altcoin Sherpa tells his 223,600 followers on the social media platform X that memecoin Popcat (POPCAT) looks incredibly bullish after taking out its last true resistance at $1. According to the trader, he sees POPCAT surging by over 60% from current levels. “Once a coin breaks out of the range, you want to see continuation. Of course, this is going to depend on BTC but I think that POPCAT still looks strong. Wouldn’t be surprised to see it go to like $2 or something to be honest.” Source: Altcoin Sherpa/X POPCAT is trading for $1.23 at time of writing, an over 7% increase during the last 24 hours. On January 5th, the meme asset was valued at $0.00379, translating to gains of more than 324x. Moving on to the top crypto asset by market cap, Altcoin Sherpa says he believ...