A Crypto Trader Who Accurately Predicted the Bitcoin (BTC) Bottom in November 2022 Is Bullish on XRP

A crypto trader who accurately predicted the Bitcoin (BTC) bottom in November 2022 is leaning bullish on one top altcoin.

A crypto trader who accurately predicted the Bitcoin (BTC) bottom in November 2022 is now highlighting one top altcoin that he’s feeling bullish on.

In a new strategy session, the trader pseudonymously known as DonAlt tells 66,100 subscribers of the TechnicalRoundup YouTube channel that XRP (XRP) has displayed “incredible strength” over the last couple of weeks relative to other crypto assets.

“And the reason why is because this is exceptional strength. Compare XRP/Bitcoin to Solana/Bitcoin. Or like XRP to Solana in general. Like that’s some insane strength against like one of the best altcoins this cycle.”

According to the pseudonymous analyst, XRP is likely to continue on an upward trajectory.

“As long as the market keeps going up, I think this going to continue going up. It’s going to be basically one of the strongest coins, at least from the big ones.

Basically, one big move up into one big consolidation… …And most of the time in my experience when you get something like this you get another pop. Usually smaller than the first one but still sizable enough. And that’s kind of what I’m betting on…

…If Bitcoin holds on I think, and if all coins generally… like the moment you see a little bit of altcoin strength, I think XRP is going to outperform.”

The trader who bought a position in XRP at around $0.60 says he will exit his entire holding in the fourth-largest crypto asset by market cap if XRP increases by about 4x from the present level.

“If XRP gets anywhere close to $10, I will dump everything and just be happy with what I got.”

At the time of writing, XRP is changing hands at $2.39.