XRP and a low-cap altcoin are preparing for a major rally
A famous strategist just predicted that XRP and a DeFi altcoin will rise in price. At the same time, he said that Bitcoin is likely to take a break.
According to analyst Credible, XRP will rally and regain the $1 level.
“Right now, XRP is right in my area of interest. Maybe a few cents lower than now but according to my last tweet I think the price will make a higher low/low in this area and keep going higher.”
XRP/USD | The source: credible
At the time of writing, XRP is trading at $0.84, up nearly 10% over the past 24 hours. Credible’s $1 target shows potential upside of around 20% from current prices.
Merchants are also bullish on Hedera Hashgraph (HBAR), a public network for peer-to-peer payments. Credible says HBAR could bounce off the $0.22 support and rally to its near-term target above $0.26.
“Since my last update, HBAR has pushed the price into the supply zone on a weekly basis and is now falling. With that in mind, HBAR needs to retake this area to confirm the bottom. I would like to see the price hold the $0.22-0.23 zone and then make another attempt to regain the weekly supply zone.”
USD/HBAR | The source: credible
As for Bitcoin, Credible remains bullish even as it dips slightly below $40,000.
“BTC pushed into the $45k-$47k region – set a local higher high and now appears to be correcting as predicted. Not sure how deep that drop is, but my guess is $38k-$39k.”
BTC/USD | The source: credible
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XRP and a low-cap altcoin are preparing for a major rally
A famous strategist just predicted that XRP and a DeFi altcoin will rise in price. At the same time, he said that Bitcoin is likely to take a break.
According to analyst Credible, XRP will rally and regain the $1 level.
“Right now, XRP is right in my area of interest. Maybe a few cents lower than now but according to my last tweet I think the price will make a higher low/low in this area and keep going higher.”
XRP/USD | The source: credible
At the time of writing, XRP is trading at $0.84, up nearly 10% over the past 24 hours. Credible’s $1 target shows potential upside of around 20% from current prices.
Merchants are also bullish on Hedera Hashgraph (HBAR), a public network for peer-to-peer payments. Credible says HBAR could bounce off the $0.22 support and rally to its near-term target above $0.26.
“Since my last update, HBAR has pushed the price into the supply zone on a weekly basis and is now falling. With that in mind, HBAR needs to retake this area to confirm the bottom. I would like to see the price hold the $0.22-0.23 zone and then make another attempt to regain the weekly supply zone.”
USD/HBAR | The source: credible
As for Bitcoin, Credible remains bullish even as it dips slightly below $40,000.
“BTC pushed into the $45k-$47k region – set a local higher high and now appears to be correcting as predicted. Not sure how deep that drop is, but my guess is $38k-$39k.”
BTC/USD | The source: credible
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
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