Bitcoin is looking good, but XRP will soon be in the spotlight, according to KOL Credible Crypto
A prominent analyst says XRP could be on the verge of exploding after holding on to strong macro support during its recent market-wide decline.
The strategist, nicknamed Credible Crypto, told his 295,000 followers that Bitcoin (BTC) looks great and won’t face any major challenges until it hits $45,000, which is roughly above the $45,000 mark.
“BTC looks great here. Not much resistance until $45,000+. Widespread bullish expectations in the coming days as long as the green zone holds (which I expect).”
The source: Credible Crypto/Twitter
The analyst then says that XRP is stronger than the benchmark cryptocurrency and could be poised to move higher.
“Even though BTC swept the Dec. 4 low at $42,000 and Ethereum marked an even lower low, XRP has held up incredibly well during this correction and has yet to get close to the Dec. 4 intraday low. The path of least resistance appears to be up. All eyes may soon be on XRP.”
In August of last year, Credible said that he expects to end the bull market between $20 and $30, and he currently says the target is still in effect. The analyst says that the current price zone could serve as a launch pad for a parabolic uptrend as XRP bears appear to be losing their footing.
“My expectation is that XRP will go up. The path of least resistance is to the upside as sellers are exhausted and the market seems to think the current price zone is a good buy zone, hence the upside.”
The source: Credible Crypto/Twitter
XRP is changing hands at $0.777 at press time, up 7% from a seven-day low of $0.724.
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Bitcoin is looking good, but XRP will soon be in the spotlight, according to KOL Credible Crypto
A prominent analyst says XRP could be on the verge of exploding after holding on to strong macro support during its recent market-wide decline.
The strategist, nicknamed Credible Crypto, told his 295,000 followers that Bitcoin (BTC) looks great and won’t face any major challenges until it hits $45,000, which is roughly above the $45,000 mark.
“BTC looks great here. Not much resistance until $45,000+. Widespread bullish expectations in the coming days as long as the green zone holds (which I expect).”
The source: Credible Crypto/Twitter
The analyst then says that XRP is stronger than the benchmark cryptocurrency and could be poised to move higher.
“Even though BTC swept the Dec. 4 low at $42,000 and Ethereum marked an even lower low, XRP has held up incredibly well during this correction and has yet to get close to the Dec. 4 intraday low. The path of least resistance appears to be up. All eyes may soon be on XRP.”
In August of last year, Credible said that he expects to end the bull market between $20 and $30, and he currently says the target is still in effect. The analyst says that the current price zone could serve as a launch pad for a parabolic uptrend as XRP bears appear to be losing their footing.
“My expectation is that XRP will go up. The path of least resistance is to the upside as sellers are exhausted and the market seems to think the current price zone is a good buy zone, hence the upside.”
The source: Credible Crypto/Twitter
XRP is changing hands at $0.777 at press time, up 7% from a seven-day low of $0.724.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
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