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 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.
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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