Veteran crypto trader DonAlt, who accurately predicted Bitcoin’s bottom at $84,211.32 in November 2022, is now turning his attention to XRP. In a recent analysis session, the widely-followed analyst revealed that XRP is showing notable strength compared to other major cryptocurrencies—and he’s betting on it in a big way.
DonAlt disclosed that he has opened a long position in XRP around the $0.60 mark, with plans to exit once the price quadruples. His confidence stems from both technical indicators and broader shifts in market dynamics that appear to favor XRP in the current cycle.
Technical Setup Suggests Momentum Is Building
During his session, DonAlt emphasized XRP’s relative strength—especially when measured against Bitcoin. He noted that XRP is benefiting significantly from the market’s overall bullish momentum and appears well-positioned for further upside.
One of the core drivers, according to DonAlt, is the capital rotation within the altcoin market. He suggests that funds are increasingly flowing into XRP, boosting its price stability and reinforcing investor confidence. The asset’s consistent performance in recent weeks is seen as a key reason why it’s becoming a standout in a volatile space.
As he put it, “As long as the market keeps moving higher, XRP will likely hold its ground and continue to outperform.” His tone reflects a medium-term bullish outlook, though he remains aware of the market’s natural volatility.
Strategy Rooted in Caution and Flexibility
DonAlt’s plan is to remain in the trade until XRP reaches a 4x return. However, he acknowledged that the strategy is adaptable and will be adjusted based on evolving market conditions. He also warned that after any strong upward move, short-term corrections are likely—potentially creating new opportunities for re-entry.
He stressed that XRP’s trajectory will remain closely linked to Bitcoin’s price action, making it essential for investors to monitor broader market signals. “If Bitcoin stalls, XRP could slow down too,” he noted.
The trader also pointed to potential institutional interest in XRP as a bullish factor. If major players increase exposure to XRP, the asset could receive a strong tailwind. DonAlt believes XRP’s appeal as a resilient asset in the eyes of institutions may keep it firmly on the radar as the market matures.
XRP in Focus for the Coming Cycle
As covered by Dey There, XRP’s solid technical base, strong whale activity, and strategic accumulation make it a coin to watch. If momentum continues and market conditions remain favorable, DonAlt’s 4x target may not be far-fetched.
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