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Crypto Analyst Who Called Bitcoin Crash Says XRP and Litecoin Flashing Strong Buy Signals

by Daily Hodl Staff
June 7, 2019
in Trading

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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

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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.

Source: COIN360

After Bitcoin’s breakout above $8,000, CoinDesk’s Omkar Godbole says a rise to $8,400 is now in play.

Bitcoin

CoinDesk – Bitcoin price eyes stronger recovery rally after bounce to $8K

Blockonomi – BTC starts a bullish recovery over $8,000

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Ethereum, XRP, EOS

FXStreet – ETH/USD bulls still aiming for $250-level

Blockonomi – Ethereum, XRP and EOS could correct higher in the near term

Litecoin

NewsBTC – Litecoin surging as halving nears

FXStreet – LTC/USD barrier at $120 must be broken for greater gains

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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 losses 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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