Skip to content Skip to sidebar Skip to footer

A closely-watched crypto strategist thinks the payment network XRP is likely ready to rally while seeing more upside potential for Bitcoin (BTC) and an under-the-radar altcoin.

Pseudonymous analyst Cantering Clark tells his 159,200 Twitter followers that it is “almost time” for XRP to explode higher.

“XRP looks really good.”

Source: Galop Clark/Twitter

Looking at the analyst’s chart, it appears that XRP has moved above a high volume node range while remaining above its average true range of $0.422.

At the time of writing, XRP is changing hands for $0.426, a fractional increase on the day.

As for Bitcoin, the crypto strategist thought that the crypto king is not done rallying yet.

“I’d be really surprised if this kind of action didn’t end in a fomo- [fear of missing out] driven blowing.

The crypto strategist also has his radar locked on Synapse (SYN), a platform designed to enable the transfer of digital assets between blockchains in a secure and efficient manner.

Cantering Clark predicts that SYN could rebound as much as 115% after clearing resistance at $0.70.

“Looks like SYN is about to tear itself apart.

Sitting at support, and currently no perps are listed on the exchanges yet.

How long does it last?

Source: Galop Clark/Twitter

At the time of writing, SYN is trading at $0.882, an increase of almost 20% on the day.

Don’t miss a beat – Subscribe to receive crypto email alerts straight to your inbox

Check price action

follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Blend

Check the latest news headlines


Disclaimer: Opinions expressed on The Daily Hodl are not investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrency or digital assets. Please note that your transfers and transactions are at your own risk and any loss you may incur is your responsibility. The Daily Hodl does not recommend the buying or selling of cryptocurrencies or digital assets, nor is The Daily Hodl an investment adviser. Please note that The Daily Hodl engages in affiliate marketing.

Feature image: Shutterstock/Achmad Rofi’i

Source link

Leave a comment