Credible Crypto Maps Out What’s Coming For BTC, XRP And HBAR
A top crypto market analyst and trader, known as Credible Crypto, is drawing the path ahead for the leading crypto asset Bitcoin (BTC), XRP and Hedera Hashgraph (HBAR) as the uncertainty in the crypto market grows.
Bitcoin (BTC)
The crypto analyst shared with his 310.7K followers on Twitter that Bitcoin is likely to keep consolidating this week, as buyers are finding more attractive levels to buy into the leading crypto asset.
“Going to be a slow week in my opinion as we are sandwiched between key support ($38-$39k) and key resistance at $41-$42k. I suspect we chop around between these two levels for a bit but ultimately resolve this consolidation to the upside. Hard invalidation for this idea is a tap of $36.2k BTC.”
Going to be a slow week imo as we are sandwiched between key support (38-39k) and key resistance at 41-42k. I suspect we chop around between these two levels for a bit but ultimately resolve this consolidation to the upside. Hard invalidation for this idea is a tap of 36.2k. $BTCpic.twitter.com/Rb1TYjlzIi
Looking into Hedera Hashgraph (HBAR), a public network for peer-to-peer payments, the analyst notes that while the bottom may be in for HBAR, it could still fall lower down to $0.20.
“I think the bottom is in, but we need to clear $0.25-$0.28 for confirmation. Just like the last time we put in our bottom, we spent weeks very close to those lows without making a lower low – so yes we can see $0.20 again.”
I think the bottom is in- but we need to clear .25-.28 for confirmation. Just like the last time we put in our bottom- we spent weeks very close to those lows without making a lower low- so yes we can see .20 again. https://t.co/vEk9LqgYgC
