“Hard To Be Bearish Here” — Analyst Who Nailed XRP’s 700% Surge Turns Giga Bullish After Spotting Rare 2022 FTX Bottom Signal

XRP could be approaching another major turning point, according to a veteran trader who previously anticipated its staggering 700% rally in 2024. DonAlt is once again leaning heavily bullish after identifying a rare market reaction that reminds him of the November 2022 FTX collapse. Despite the latest crypto market shock surrounding the historic $6.3 billion Binance security incident, Bitcoin and other major assets have shown resilience rather than extending their losses. For the analyst, that unexpected strength is a compelling reason to believe the market could be setting up for another significant recovery.