Veteran trader Peter Brandt believes a large-cap altcoin that has surged recently has one of the most bullish charts in crypto.

Brandt tells his 760,700 followers on the social media platform X that the cross-border payment solution XRP is in the midst of a massive breakthrough.

The trader shares a chart that suggests XRP’s market cap has overcome the diagonal resistance of a massive triangle pattern that has kept the market bearish for over seven years.

“This is the best performing chart in the entire crypto world XRPUSD.”

At the time of writing, XRP is trading for $2.51 and has a market cap of over $142.621 billion.

Another altcoin on Brandt’s radar is the payments-oriented coin Litecoin (LTC). The veteran trader says it is within the realm of possibility that LTC will follow in XRP’s footsteps.

“This has the potential to be another high-performing chart LTC.”

At the time of writing, LTC is worth $131.41.

When it comes to Bitcoin (BTC), Brandt says he’s bullish on the crypto king in the long term, even though there’s a chance other coins or some U.S. stocks could outperform the largest digital asset by market cap.

“Many individual stocks will outperform Bitcoin over the next five to 10 years. Of course, which stocks – that is the unknown.

However, given the choice over the next five and ten years between BTC on the one hand and a randomly selected growth stock (or any meme or altcoin) on the other, I’m choosing Bitcoin.

My point is that the expectations of the younger generations are way too high.”

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Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should conduct their due diligence before making any risky investments in Bitcoin, cryptocurrencies or digital assets. Please note that your transfers and transactions are at your own risk and any losses you incur are your responsibility. The Daily Hodl does not recommend the purchase or sale of cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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