Credible Crypto Predicts New ATH for Litecoin, Bullish on HBAR And XRP
According to a widely-followed crypto analyst and trader known as Credible Crypto, one well-known large-cap altcoin that some think has seen its best days could see new all-time highs in the coming months.
Credible Crypto or CrediBULL Crypto, as he recently changed his Twitter name, shares with his 222K Twitter followers that Litecoin (LTC) has potential to capitalize on the final “legendary” leg of the current bull run.
“Seeing a lot of people saying LTC had its ‘bull run’ and it’s headed to the grave.
I don’t trade fractals, but I do think we will see something similar to what we saw in 2017 on the left. Not just for LTC but for much of the ‘old guard.’ Still think new ATH is on the cards.”
Seeing a lot of people saying $LTC had its "bull run" and it's headed to the grave. I don't trade fractals, but I do think we will see something similar to what we saw in 2017 on the left. Not just for $LTC but for much of the "old guard". Still think new ATH is on the cards. pic.twitter.com/g9YUyvJ90P
The timing when LTC would make the move, the trader predicts the final rally will begin “after some months” of consolidation have passed.
Credible Crypto also predicts that Bitcoin Cash (BCH) could soon see all-time highs. The trader is also advicing to keep an eye on XRP, as it has been a slow starter historically, but then made massive move.
“XRP was also one of the worst-performing majors in 2017, until it wasn’t. In the 30 days following BTC’s peak, XRP rallied over 10x bringing total gains for its cycle to 62,947% or 629x. Don’t count it out simply because it has had a slow start.”
$XRP was also one of the worst performing majors in 2017, until it wasn't. In the 30 days following BTC's peak, $XRP rallied over 10x bringing total gains for its cycle to 62,947% or 629x. Don't count it out simply because it has had a slow start.. https://t.co/3cklxke4Dwpic.twitter.com/bMnRysdiFD
Credible Crypto also says the market is moving into a key area of demand for the decentralized public network Hedera Hashgraph (HBAR).
“Did not think we were going to get a 3rd chance to buy at these levels but the market felt kind.
Note that each successive drive down is aggressively bought up indicating seller absorption as we push into a key HTF area of demand. Buyers are stepping in here, repeatedly.”
Did not think we were going to get a 3rd chance to buy at these levels but the market felt kind. Note that each successive drive down is aggressively bought up indicating seller absorption as we push into a key HTF area of demand. Buyers are stepping in here, repeatedly. $HBARpic.twitter.com/vxkNQnXh7G
Regarding Bitcoin (BTC) the analyst sees move towards $45-55,000, the largest crypto can break $35-38,000. If it goes higher, he’s plan is to short.
“If we can get to 55k I’ll look to hedge short. I know if we manage to get there many will be euphoric- calling for new ATH when in reality that region is the most likely place to see a mid-term rejection. Have a plan.”
If we can break 35-38k I'm looking for a move to 45k-55k. If we can get to 55k I'll look to hedge short. I know if we manage to get there many will be euphoric- calling for new ATH when in reality that region is the most likely place to see a mid-term rejection. Have a plan. $BTCpic.twitter.com/4tj4QUUmBR
