A pseudonymous trader who continues to grow his fan base with his savvy altcoin calls says he is closely monitoring XRP and TRON.
In a new tweet, the trader known in the industry as Kaleo says XRP is positioned to hit its all-time high (ATH) of $ 3.84 again.
“The possibility of an outbreak leading to a return to old ATH is too tempting not to punt long.”
The trader is also looking at the XRP / BTC pair, believing that Ripple’s native fortune has broken out of its multi-month downtrend in the lower timeframe.
“Apparently it’s fraud coin season … When it comes to shitcoins, I’m a trader and I really like this setup. I’m long.”
With regards to TRON (TRX / BTC), Kaleo points out that his chart reminds him of Dogecoin (DOGE) before the joke crypto asset pumped over 983% from 0.00000024 to 0.0000026 in a week.
“TRX/.BTC. This table gives me dog Prime vibes. When it erupts, it will go absolutely vertical. I have a bag.”
Additionally, the crypto strategist is investigating two more altcoins that he says are about to break out.
Number one on its list is BitTorrent (BTT), which is currently consolidating after its meteoric rise from 0.001 on March 5th to its all-time high of $ 0.0039 on March 20th.
“This entry was spot on. Buy when everyone else is scared. Looks ready to switch to a new ATH once that diagonal is cleared. “
Another coin on Kaleo’s radar is the little-known crypto asset Kin, which he believes has tremendous growth potential.
“KIN is still nearly 10x from its all-time high.”
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Featured image: Shutterstock / Sylverarts Vectors