A prominent crypto strategist who continues to amass a large following with his savvy altcoin calls says XRP and five unused altcoins are poised to break out.
In a new tweet, the pseudonymous trader known as Kaleo tells his 235,800 followers that he is buying XRP after the fourth largest crypto asset broke out of its downtrend in the lower period.
“I also went ahead and grabbed a bag XRP on the outbreak. When XRP makes this type of move, it usually doesn’t slow down until it hits a higher high. I don’t want to watch from the sidelines. “
A new higher high for XRP indicates a move above the 52-week high of 1.96, which is a potential gain of at least 40% from the current $ 1.40 level.
Another coin on Kaleo’s list is the blockchain gaming platform Enjin Coin (ENJ). According to the trader, ENJ has broken its diagonal resistance setting the token for a 15% or more increase from the $ 2.60 price.
“ENJ Similar outlook on the USD chart. Looking for a step back to $ 3 +. “
Next up is the decentralized hosting platform Holo (HOT), which, according to the retailer, wants to resume its upward trend after several weeks of correction.
“I was going to sit in a low seat in case we see something like we saw last month, so I grabbed a bag HOT Here. I suspect we see a breakout / retest followed by several days of upstroke before it really starts moving. “
The trader is also looking at OXY, the utility token of the Solana-based prime brokerage protocol Oxygen. According to Kaleo, OXY is poised to beat its all-time high of $ 4.16.
“Still a big fan of OXY Here. Clean the raised floor and test the measuring range highs. When you break above the green rectangle, the sky should be clear up to $ 4.50. “
MAPS is also on Kaleo’s list. According to the crypto analyst, the Solana-based travel and navigation platform offers a lot of upside potential from the current price of $ 1.83.
“CARDS feels like the forgotten Sam coin. Another member of the Solana ecosystem that was solid but hasn’t really done much yet. It recently broke out of a long-term area to new highs, retested the breakout and appears ready to continue higher. I am long. “
The last coin on Kaleo’s radar is Solana-based automated market maker Raydium (RAY), which the trader is expected to explode after breaking its $ 13.00 resistance. According to the dealer, RAY can print profits in excess of 100%.
“How the rest of the Solana ecosystem broadcasts is only a matter of time BEAM explodes out of this accumulation area where it got stuck … First 15, then quickly 30 US dollars. “
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Featured image: Shutterstock / Mike H.