These 2 Top Analysts Expect Ripple’s XRP To Embark On Strong Rally
Over the past few weeks, Bitcoin, not Ethereum or XRP, has been the focus of many crypto traders. On March 31st, Luke Martin, a prominent crypto trader featured on CNN, recently posted the below chart, showing that he expects for XRP to appreciate strongly against Bitcoin in the coming weeks.
Per previous reports from NewsBTC, Van De Poppe suggested that the defense of the 2,600 satoshis level could lead to a 20% rally over the coming month, which will likely pause at the overhead resistance around 3,100 satoshis. Per previous reports from NewsBTC, in “Crypto In This Crisis: Pantera Blockchain Letter, March 2020,” Dan Morehead and Joey Krug of blockchain-centric fund Pantera Capital explained that Bitcoin will “probably out-perform other tokens for a while,” explaining that it is one of the crypto projects that are entrenched and doesn’t rely on funding per se:
They further explained that “there’s typically a flight-to-quality” or flight to safety “where people want to put money in the mega-caps, the safest asset, “the Treasuries” of the industry.”
