Top-10 Altcoin That’s Exploded Over 400% in a Month Could Rally Into New All-Time High, According to Trader
A widely followed analyst and trader is leaning bullish on a large-cap altcoin that has skyrocketed by over 5x in a month.
The analyst pseudonymously known as Sherpa tells his 233,400 followers on the social media platform X that he “wouldn’t be surprised to see” XRP break out into a new all-time high on its US dollar pair.
XRP is trading at $2.65 at time of writing, around 23% below the all-time high of $3.40.
Source: Altcoin Sherpa/X
The third-largest crypto asset by market cap is up by around 434% since November 4th.
According to the pseudonymous analyst, the XRP/Bitcoin pair presents a “much better” risk-reward ratio. Based on Sherpa’s chart, it appears that XRP/ BTC is sitting below a resistance level that has existed since May of 2021 and is around 88% below the all-time high of 0.0002247 BTC.
Source: Altcoin Sherpa/X
XRP is trading at 0.00002727 BTC ($2.63) at time of writing.
The widely followed analyst also offers his insight into the Solana ( SOL ) ecosystem. Sherpa says,
“The road is long and hard and it can be difficult to hold. But I still believe that many artificial intelligence (AI) coins on SOL are going to be very strong in the next few months. I still believe that it’s the best marriage between speculation and tech.”
Listing some of his picks in the Solana ecosystem, Sherpa says that the AI-related crypto assets Goatseus Maximus ( GOAT ), The AI Prophecy ( ACT ), Zerebro ( ZEREBRO ) and others are “very solid.”
Source: Altcoin Sherpa/X
Source: Altcoin Sherpa/X
Zerebro is trading at $0.373 at time of writing, up by around 2,148% over the past 30 days. The AI Prophecy is changing hands at $0.532 at time of writing, up by around 2,430% over the past month while Goatseus Maximus is trading at $0.817 at time of writing, up by around 62% in the last 30 days.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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