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The Daily Hodl
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Crypto Trader Says XRP Poised to Outperform All Major Crypto Assets As Bitcoin Holds Above $5,000 – BTC, Ethereum, XRP Market Update

by Daily Hodl Staff
April 3, 2019
in Trading

A crypto analyst known in the industry as DonAlt says if the crypto bull market continues, XRP is poised to outperform all other major cryptocurrencies.

In a new tweet, DonAlt joked about the meme that XRP could one day hit $589, telling his 88,000 followers that if altcoins continue to pop, the digital asset is well-positioned to reap the biggest gains.

$XRP

Looks like we're getting $589 after all.
In all seriousness, this looks pretty good.
If we're truly going to get an alt season and this breaks out it'll outperform most if not all other majors.
I used the dip today to get a bag with spare BTC I had lying around. pic.twitter.com/LqqYaOx9W4

— DonAlt (@CryptoDonAlt) April 2, 2019

XRP was one of the top performers in the last crypto bull run, but is currently the lowest-performing crypto in the top 10, down 12% for the first quarter of 2019.

During the last bull run, the digital asset recorded a staggering 68,782% increase from its price of $0.005415 on March 1, 2017 to its height of $3.73 on January 4, 2018, according to CoinMarketCap. But in a sign of just how volatile and risky the crypto market is, XRP dropped 93% as the bear market took over, hitting a low of $0.25668 on September 12, 2018.

Right now, the market is in the green, with XRP up 6.92% at $0.3653. Bitcoin is up 7.99% at $5,099, and Ethereum is up 10.53% at $173.23.

Source: Coin360

Technical analysts are looking for Bitcoin to hold above $5,000 as Ethereum and XRP bulls fight for further gains.

Bitcoin

FXStreet – BTC/USD bulls are breaking big barriers jumping to $5100

Live Bitcoin News – BTC zooms above $5K to start uptrend

NewsBTC – BTC price rally seems real, $6K on the horizon?

Ethereum

Blockonomi – More gains as price breaches $170

NewsBTC – Bulls now targeting $200 or higher

FXStreet – Bull trap as gains chopping commences

XRP

Coinspeaker – XRP/USD expected to reach $0.38 price level

FXStreet – First resistance level is at the price level of $0.368

NewsBTC – XRP rally could extend to $0.4000 or $0.4200

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