Popular crypto analyst Sherpa emphasizes XRP, an altcoin that has garnered less attention recently. Sherpa predicts that XRP will reach a new record level before the completion of the market cycle. He notes that the current price level of $2.17 offers strong support for bullish investors.
Potential High Levels for XRP
Sherpa expressed that XRP has not garnered enough interest, presenting opportunities for investors. “XRP is still under-owned and overlooked by crypto investors. I believe the $2 level is a good buying point, and when the market cycle ends, XRP will reach its all-time high,” he stated. The analyst emphasized the strong upward potential for XRP.
Status of Popcat and SUI Projects
Sherpa also provided insights on the memecoin Popcat. He noted that Solana $208-based Popcat could end its declining trend that has persisted for weeks. “POPCAT should be considered a relative bottom,” he added. Furthermore, while mentioning the Sui project, Sherpa cautioned not to overlook its potential despite the daily chart looking unfavorable. “The SUI chart doesn’t look promising, but this coin continues to rise. Proceed with caution,” he advised.
Sherpa’s analyses present opportunities for investors in the cryptocurrency market. Despite volatility, altcoins like XRP, Popcat, and SUI can attract investor interest. His predictions may guide investors considering portfolio diversification.