There are all kinds of predictions these days about the prices of the digital assets and most of them are really bullish. An important trader has bold optimistic predictions for the price of XRP and Tron.
The trader known in the industry as Kaleo says XRP is positioning to revisit its all-time high (ATH) of $3.84.
“The possibility of a breakout leading to a return back to the old ATH is too tempting not to punt a long on.”
Check out what more he had to say:
Apparently it’s scam coin season… When it comes to shitcoins, I’m a trader and I really like this set up.
I’m long. pic.twitter.com/J42dx8chZn
— K A L E O (@CryptoKaleo) March 21, 2021
Here’s what he had to say about Tron:
— K A L E O (@CryptoKaleo) March 20, 2021
Someone said: “Once $TRX pumps, that’s a bad sign for the bull season. It means almost everything is beyond overvalued.”
Ripple in the news
In other news, Ripple has been making headlines a lot these days.
Now, it’s been revealed that the digital payments giant seems to be getting ready to expand its network and to acquire an unnamed company that has proficiency in developing exchange platforms.
XRP researcher Steven Diep uncovered news of the acquisition in a video that is entitled, Ripple – Improving our Global Payment Infrastructure with Blockchain Technology & Data Science, from June of last year featuring Ripple senior data scientist Jennifer Xia.
“Notably, we recently acquired a firm whose expertise is in building trading platforms and in integrating with digital asset exchanges, which is essential as we scale the business, enter more markets and start thinking about engineering more complex payment strategies,” Xia said.