Credible Crypto Is Bullish On XRP – Warns Not To Miss Out On Two Altcoins
According to a top cryptocurrency analyst and trader, known as Credible Crypto, XRP looks bullish. He also warns traders not miss two other explosive altcoins.
The crypto trader shares with his 244K followers on Twitter XRP seems ready to jump up to higher level against its Bitcoin pair (XRP/BTC).
Credible Crypto refers to an inverse chart of XRP/BTC, according to which XRP is ripe for a rally to 0.000055 BTC, worth $2.30. It would be 160% gain from its current value of 0.00002216 BTC ($0.93).
Curve (CRV) And Pancake Swap (CAKE)
Also on the trader’s radar are the decentralized exchanges Curve (CRV) and Pancake Swap (CAKE).
Accroding to data from decentralized finance (DeFi) insights firm Coin98 Analytics, CRV is leading the decentralized exchange market in total value locked (TVL) with more than $13.2 billion year-to-date. CAKE comes in at number three with $4.74 billion in TVL for the same period. Credible Crypto tweeted:
“A lot of people [are] sleeping on CRV (and therefore CVX) and CAKE. I’m not. Been loading up on these three for the past month or two. Still plenty of time to get on board but this won’t be the case for much longer.”
A lot of people sleeping on $CRV (and therefore $CVX) and $CAKE. I'm not. Been loading up on these three for the past month or two. Still plenty of time to get on board but this won't be the case for much longer. https://t.co/xGw25GMoJ0
Regarding Bitcoin (BTC), Credible Crypto predicts altcoins to rally, while Bitcoin ranges in the near term, and Bitcoin dominance chart will drop to new all-time lows.
Bitcoin dominance is the measure of Bitcoin’s market cap relative to the market cap of the rest of the crypto industry.
“We hit 49% on BTC [dominance], 1% shy of my target. Close enough. Expecting BTC to chop around in the coming weeks/months allowing alts to rally and sending BTC dominance to new all-time lows.”
We hit 49% on $BTC dom, 1% shy of my target. Close enough. Expecting BTC to chop around in the coming weeks/months allowing alts to rally and sending BTC dominance to new all time lows. https://t.co/652EFfdJShpic.twitter.com/fh3mpZXgUo
