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Crypto Trader Says He's "Immediately Bullish" on Ripple's XRP, Adding That Stellar (XLM) Will Follow

  • Alex Dovbnya
    📰 News

    Cryptocurrency traders seem to be on the same page when it comes to XRP recording huge price gains in the near future

Crypto Trader Says He's "Immediately Bullish" on Ripple's XRP, Adding That Stellar (XLM) Will Follow
Cover image via www.123rf.com

Cryptocurrency trader 'NebraskanGooner' has published the list of cryptocurrencies that, in his opinion, are heading for bigger price gains.

Unsurprisingly, he claims that he's "immediately bullish" on Ripple's XRP, which seems to be the hottest topic on crypto Twitter as of recently. 

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Ripple’s XRP Price Is Headed for Up to 4,600 Percent Increase as Major Indicator Turns Bullish

Another trader recently predicted that the third biggest cryptocurrency was on the verge of its biggest moment throughout the year, just weeks ahead of Ripple's Swell event that is slated for Nov. 7-8.

In the meantime, 'Crypto Dog' tweets that XRP hitting $589 would be the best Christmas gift for him (and, most probably, for Brad Garlinghouse and Chris Larsen).   


'NebraskanGooner' also states that Stellar (XLM) is very likely to follow XRP's price action. The cryptocurrency, which was created by former Ripple CTO Jed McCaleb, tends to follow in tandem with its number one competitor. 

On Sept. 18, the XLM price increased by an eye-popping 40 percent, greatly outperforming the rest of the coins, but these impressive gains immediately vanished after a huge market crash that took place on Sept. 24. 

Other notable altcoins that piqued the trader's interest include Basic Attention Token (BAT), Binance Coin (BNB), and Litecoin (LTC).

Chainlink (LINK), the hottest crypto token of the previous week, should dip a tad to become an attractive buying opportunity for 'NebraskanGooner'.       

What are your favorite altcoins? Share them in the comment section! 

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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Bitcoin's Parabolic Uptrend Remains Intact Despite Price Collapse: Tuur Demeester

  • Alex Dovbnya
    📰 News

    Tuur Demeester wants you to buy the dip as Bitcoin touches the support of its parabolic uptrend for the first time since March

Bitcoin's Parabolic Uptrend Remains Intact Despite Price Collapse: Tuur Demeester
Cover image via u.today

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Tuur Demeester of Adamant Capital has just taken to Twitter to calm down Bitcoin enthusiasts who might have been swayed by incredibly bearish sentiment on crypto Twitter. 

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Bitcoin recently dropped to $6,800, its lowest level since early May. However, Demeester apparently sees this as yet another opportunity to buy the dip. He states that top coin's parabolic uptrend that started at the beginning of 2015 hasn't been violated. However, Bitcoin has tapped support for the first time since March when Bitcoin was trading well below $4,000. 

Shortly after printing a huge red candle on the logarithmic chart, the Bitcoin price spiked by 20 percent on Apr. 2, which started the coin's massive run to $13,700. 

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Crypto Analyst Doesn't Expect Bitcoin Price to Repeat Past Halvenings

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As of now, BTC is down by nearly 50 percent from its yearly high, but this might not be the end of the nightmare for Bitcoin bulls. According to trading exert Josh Rager, the crypto king could plunge below the $7,000 level again after a fakeout to the $7,500 range. 

Gold bug Peter Schiff recently predicted that BTC could collapse to $10,000 level after competing the head-and-shoulders pattern.  

At the time of writing, BTC is sitting $7,313, CoinStats data shows. 

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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