According to the analyst, XRP is showing strength, regardless of Ripple’s on-going lawsuit with the US Securities and Exchange Commission.
Credible Crypto predicts an in-coming rally for XRP, after it turns a historic level of resistance into support.
“Can’t get over how great this chart looks. From a technical perspective, I struggle to see how an analyst can make an objectively bearish case for this chart.
When we break up here soon XRP is going to melt faces.”
Can't get over how great this chart looks. From a technical perspective, I struggle to see how an analyst can make an objectively bearish case for this chart. When we break up here soon $XRP is going to melt faces. https://t.co/rUAFyITO49
According to Credible Crypto Ethereum (ETH) is ready to make a move to new levels, following in the footsteps of Bitcoin’s recent record-breaking ascent. At the time of writing, ETH is trading at $4,033.
Regarding decentralized public network Hedera Hashgraph (HBAR), the trader believes a new all-time high is in the cards, assuming HBAR can clear a last resistance at the $0.47 mark.
“HBAR following the plan beautifully here. Coiling up against the midpoint of this range – I suspect it breaks soon an we head for the range highs at .43. Clear RED and new all-time high incoming.”
$HBAR following the plan beautifully here. Coiling up against the midpoint of this range- I suspect it breaks soon an we head for the range highs at .43. Clear RED and new ATH incoming. https://t.co/QPAZOjTsAmpic.twitter.com/CQQ2xhCw9v
Next up is Solana (SOL), which is also set to break a new all-time high, according to Credible Crypto.
Over the last week or so, the crypto asset rose from $162.60 to as high as $214.04. It is currently trading at $204 according to CoinMarketCap.
“Note the ORANGE region was the last line of defense before a much larger drop.
It held, BTC broke resistance, and the bearish scenario was invalidated. Prep for new all-time high not just on SOL, but on MANY other alts.”
This idea was predicated on a potential rejection from BTC near ATH. Note the ORANGE region was the last line of defense before a much larger drop. It held, BTC broke resistance, and the bearish scenario was invalidated. Prep for new ATH not just on $SOL, but on MANY other alts. https://t.co/3KcvxFajLVpic.twitter.com/oJc1w9qqdt
Lastly, the analyst points out that the bullish crypto market lead by Bitcoin, will translate to a price surge in other altcoins. But in short term he warns that BTC may outperform the market.
“In case you were wondering, this means full bull on alts too.
Yes, BTC will take the spotlight initially, but alts will soon follow BTC with major rallies of their own.”
In case you were wondering, this means full bull on alts too. Yes, $BTC will take the spotlight initially, but alts will soon follow BTC with major rallies of their own. https://t.co/AoAPYSsRoS
