A veteran technical analyst known in the crypto community for calling Bitcoin’s big crash after its all-time high of about $20,000 is now bullish on both XRP and Litecoin.
According to Brandt, XRP in particular is now targeting a recovery to $0.5688 or higher.
Crypto charts of interest.
1. $LTCBTC has completed a significant buy signal.
2. New recovery highs in XRP would be constructive with targets of .5688 and .6260. pic.twitter.com/l0GBevSGUk
— Peter Brandt (@PeterLBrandt) June 6, 2019
Right now, the crypto market is a sea of green, with Bitcoin up 5.69% at $8,079 according to COIN360. Ethereum is up 5.56% at $253.30 and XRP is up 4.88% at $0.4288.
After Bitcoin’s breakout above $8,000, CoinDesk’s Omkar Godbole says a rise to $8,400 is now in play.
CoinDesk – Bitcoin price eyes stronger recovery rally after bounce to $8K
Blockonomi – BTC starts a bullish recovery over $8,000
Ethereum, XRP, EOS
FXStreet – ETH/USD bulls still aiming for $250-level
Blockonomi – Ethereum, XRP and EOS could correct higher in the near term
NewsBTC – Litecoin surging as halving nears
FXStreet – LTC/USD barrier at $120 must be broken for greater gains[the_ad id="42537"] [the_ad id="42536"]