Wednesday, May 12, 2021

Crypto Analyst Sets Short-Term Bullish Price for XRP, LTC, and BNB

A pseudonymous crypto analyst and trader identified on Twitter as Kaleo has aired his short-term bullish predictions for XRP, Litecoin (LTC), and Binance Coin (BNB).

XRP Will Surpass $2 within the Next Week

According to Kaleo in a tweet on 10th April 2021, XRP is poised to surpass $2 resistance within the next week

Read Also: Litecoin (LTC) MimbleWimble via Extension Blocks (MWEB) Is Now Code Complete



Recall that XRP, the fourth-largest cryptocurrency by market capitalization, has been on a meteoric upward trend lately, surging over 140% based on weekly estimation.

Read Also: American Rapper Snoop Dogg Joins Elon Musk in Shilling Dogecoin (DOGE)

Ripple’s digital token, XRP, has been on the notable increase since the firm recorded two big wins in the securities lawsuit against the United States Securities and Exchange Commission (SEC).

Ripple, Brad Garlinghouse, and Chris Larson were able to conceal their financial history, while a vital document where the SEC described Ripple as a digital currency company was discovered by lawyer Jeremy Hogan.

$750 is the Next Target for Binance Coin (BNB)

According to Kaleo, Binance Coin (BNB) has broken out of a descending wedge pattern in BNB/USD pair and about to break above the $500 price mark.

The crypto trader then stated that his next target for BNB is $750, stating that he is so long on trading the digital currency.

Read Also: Analyst Says XRP Price Has Potential to Surge By 30% Once It Breaks This Resistance

 “BNB to $500 almost complete. $750 sooner than you think.”

Kaleo is also bullish on Litecoin (LTC), the coin he termed as the digital silver. Despite the fact that LTC is currently struggling with resistance in LTC/BTC pair, he’s still long on Litecoin (LTC).

 “LTC/BTC pair has shown strength throughout the day. I longed resistance here.”

Follow us on Twitter, Facebook, Telegram, and Download Our Android App

Solomon Odunayo
Solomon has a growing passion for writing, this propelled him to keenly work on Eagles News Media for about two years before delving into the cryptocurrency and Blockchain industry he finds more interesting. He worked as a crypto Journalist and Editor at NewsLogical before joining Herald Sheets, owing to the priceless experience he has accumulated since he became a contributor in the crypto community.

Related Articles

Latest Articles