The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

Popular Analyst Says XRP To Witness Upward Momentum, Updates Forecast for Cardano and One Other Altcoin

by Daily Hodl Staff
October 17, 2022
in Altcoins, Ripple and XRP, Trading

A popular analyst and trader says he remains bullish on XRP despite the overall uncertainty in the crypto markets.

In a new blog post, Michaël van de Poppe says XRP is one of the strongest movers in the markets as of late.

He also says XRP’s chart looks like the sixth-largest crypto asset wants to sustain its bullish momentum.

“The one-day timeframe looks like it wants to continue the upwards momentum as we can see the strength in the bounce, which we can see across markets. In that regard, you’d preferably want to see the area around $0.45 hold for support and if that’s the case, a retest at $0.52 is next on the horizon.

A clearcut breakthrough of $0.52 is giving argumentation for even further upwards momentum, targeting $0.65 and potentially even $1.” 

At time of writing, XRP is changing hands for $0.471, down nearly 3% in the past day.

Next up is smart contract platform Cardano (ADA). Van de Poppe says the Ethereum (ETH) competitor is now hovering at a level that’s very favorable for long-term bulls.

“Finally hit the crucial level where everything started in 2021. Decent entry for longs here for investments. Very decent.” 

Image
Source: Van de Poppe/Twitter

At time of writing, ADA is valued at $0.36, flat on the day.

Looking at decentralized oracle network Chainlink, Van de Poppe says LINK continues to flash signs of strength and believes it is one resistance away from igniting a huge rally.

“Breaking $7.40 opens the party, then we’d be looking at continuation towards $11 on this one.” 

Image
Source: Van de Poppe/Twitter

At time of writing, LINK is trading at $7.17, also flat on the day.

Follow us on X, Facebook and Telegram

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

 
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.

Featured Image: Shutterstock/MightyRabittCrew/INelson

Submit a Press Release

Industry Announcements

  • Plutus Launches PLUS More on Base – A New Era of Tokenized Loyalty Rewards
    May 13, 2025
  • DoubleUp – A New Generation of GambleFi
    May 13, 2025
  • MoonX: BYDFi’s On-Chain Trading Engine – A Ticket From CEX to DEX
    May 13, 2025
  • Canelo Álvarez Joins 1Win As Global Ambassador After Historic Title Victory
    May 13, 2025
  • AB DAO and AB Charity Foundation Join Forces To Build a Trustworthy Infrastructure and Promote Global Philanthropic Transformation
    May 12, 2025
  • Sonic Labs Announces $10 Million Token Sale to Galaxy for US Expansion
    May 12, 2025
  • New Purpose-Built Blockchain T-Rex Raises $17 Million To Transform Attention Layer in Web 3.0
    May 8, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$103,628.77
$103,628.77
0.9%
Ethereum
$2,653.85
$2,653.85
7.64%
BNB
$659.46
$659.46
1.38%
Solana
$181.67
$181.67
5.78%
XRP
$2.58
$2.58
3.19%

Spotlight

  • Crypto Analyst Unveils ‘Perfect Trade’ for Bitcoin, Sees BTC Mirroring Gold Price Action in 2020
    May 7, 2025
  • BlackRock Buys $2,500,000,000 Worth of Bitcoin As BTC Price Holds Steady: Arkham
    May 7, 2025
  • Trillion-Dollar Bank Paying $510,000,000 Fine After ‘Conspiring To Hide’ $4,000,000,000 From IRS
    May 7, 2025
  • $2,000,000,000,000 in Demand for US Treasuries Could Come From Digital Assets in Coming Years: Treasury Secretary Scott Bessent
    May 7, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl