Market

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

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

Recent Posts

Best Cryptos to Invest in December 2024: Qubetics Surges Past $2.6M as Solana Records Big Whale Pump and Polkadot Aims for $6

Best Cryptos to Invest in December 2024: Qubetics surges past $2.6M, Solana’s whale pump ignites…

1 hour ago

Bitcoin Trader Turned $100M in His 20s—Now Reveals 5 Altcoins to Build a $50M Portfolio, With Memecoins Leading the Way!

As Bitcoin reaches unprecedented heights and the market surges, he's highlighting five altcoins poised for…

3 hours ago

Which Crypto Will Explode in the 2024-2025 Bull Run?

With the crypto market reaching new peaks, many are eager to discover digital currencies poised…

3 hours ago

Dogecoin and Shiba Inu Approach $1, but All Eyes Are on XYZVerse’s Push to $10!

XYZVerse, blending sports passion with meme energy, is set to make a significant impact, uniting…

3 hours ago

Will Bitcoin Crash or Soar Past $105K in 2024?

Will Bitcoin Crash?" seems to be one of the most controversial questions, as the price…

4 hours ago

The Best Crypto for Passive Income? 10% Weekly Gains and 20% Final Surge—Qubetics Mirrors Cosmos’ Early Success!

There’s always that one coin people wish they hadn’t overlooked. For many, Cosmos ($ATOM) is…

5 hours ago

This website uses cookies.