Why Popular Crypto Analyst and Trader ‘Kaleo’ Is Bullish on $XRP and $TRX

Recently, popular pseudo-anonymous crypto analyst and trader “Kaleo” said that he’s bullish on the outlook for TRON (TRX) and XRP. 

First, with regard to XRP, he said that XRP was in a position to revisit its all-time high of $3.84. The trader predicted the possibility of another breakout that would take the coin to its early 2018 price levels, despite the U.S. Securities and Exchange Commission’s lawsuit against Ripple over allegedly selling XRP, which the latter considers to be an unregistered security.

Kaleo called the potential price explosion “too temping” and one of his tweets hinted that he might a long position on XRP.



The veteran trader was also bullish on the altcoin TRON (TRX), highlighting similarities in the chart between DOGE and TRX. Kaleo said TRON’s trading chart was giving off “pre-pump” vibes and predicted the coin would go “absolutely vertical” following a breakout. 

Also, Kaleo claimed BitTorrent Token (BTT) was in a similar position to TRON and poised for a break to a new all-time high.

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The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.