Credible Crypto Predicts New Rallies For Hedera (HBAR) & Convex (CVX)
A top cryptocurrency analyst and trader, known as Credible Crypto, predicts bullish moves for two altcoins HBAR and CVX. He says now is an ideal time to buy, as the prices corrected along with the market wide plunge.
CredibleBULL Crypto as he is also known, shares with his 241,400 Twitter followers that he is closely following the peer-to-peer payments network Hedera Hashgraph (HBAR).
The trader expected HBAR to bounce around its “main support” at $0.30.
“We had a 46% correction into HTF (high timeframe) support after breaking out of a seven-month consolidation. This is a HTF bullish retest until/unless this region is lost. This is also the most ideal place to be a buyer of HBAR.”
We had a 46% correction into HTF support after breaking out of a 7 month consolidation. This is a HTF bullish retest until/unless this region is lost. This is also the most ideal place to be a buyer of $HBAR. https://t.co/yCPdzbQ9phpic.twitter.com/rEvPYruY8R
HBAR is currently trading at $0.37, with 16% gains in 24 hours.
Convex Finance (CVX)
Another coin the crypto analyst is closely following is Convex Finance (CVX), a decentralized finance protocol built on top of Curve Finance. After CVX touched $8, he predicts a new rally ahead.
“Went a little lower than I was expecting on this dip, but I would be VERY surprised if this was not our local bottom. CVX.”
Went a little lower than I was expecting on this dip, but I would be VERY surprised if this was not our local bottom. $CVXpic.twitter.com/05WOvO8tu0
