Widely-followed trader and crypto strategist Scott Melker is saying he’s bullish on the fourth-largest cryptocurrency.
In a new tweet, the analyst known in the industry as the Wolf Of All Streets tells his 133,000 followers that he believes XRP can rise to $0.33, which represents an increase of over 22% from its current price of $0.27.
“XRP (USD) They laughed at me when I shared this trade. But who’s laughing now? I am, I’m laughing because it’s XRP. Profitable though.”
Source: Scott Melker/Twitter
Melker’s bullish call comes as crypto intelligence platform Santiment is reporting substantial growth in the number of whales invested in Ripple’s native asset.
“XRP has had an impressive +8.4% week, and it’s currently the #1 rising asset in discussion rate on crypto platforms. The rise of holders with coins containing large amounts of XRP has been