Credible Crypto Predicts Upside Moves For XRP, BTC, CRV And ETH
According to a prominent crypto market analyst and trader, known as Credible Crypto, several digital assets are ready to ascend after the market wide correction last weekend.
Credible Crypto shared updates of XRP, Bitcoin (BTC), Curve DAO Token (CRV), and Ethereum (ETH) with his 278K followers on Twitter.
XRP
A while ago, the analyst draw key supply and demand ranges for XRP between $0.84 and $1.10. Along with the market wide correction XRP fell down to $0.60 on December 3rd before regaining some. Credible Crypto believes that the bottom is now in.
“XRP Update: As per my last update – a failure to reclaim RED sent us down to daily demand in what ended up being a major liquidation event across the entire market.We ended up holding daily demand despite the [liquidity] wick to the downside. Key swing lows were swept. Bottom is in imo (in my opinion).”
$XRP Update: As per my last update- a failure to reclaim RED sent us down to daily demand in what ended up being a major liquidation event across the entire market. We ended up holding daily demand despite the liq wick to the downside. Key swing lows were swept. Bottom is in imo. https://t.co/jKY9Xw4p0epic.twitter.com/X04AFUEQsT
At the time of writing XRP trades at $0.85 with 4.3% gains on a daily chart.
Bitcoin (BTC)
Looking into Bitcoin, the trader’s prediction for July 2022 is much more optimistic than “what everyone thinks” will happen. Credible Crypto sees BTC at $64,700 by then.
At the time of writing Bitcoin is trading at $49,960 with 1% loss on a daily chart.
Curve DAO Token (CRV)
Next up on the analyst’s list is decentralized exchange and automated market maker protocol Curve DAO Token (CRV). Credible Crypto predicts from the chart pattern of ascending higher highs and higher lows in recent months that CRV is going to surprise those betting against it.
“Bears looking for lower prices about to get hit with a curveball.”
At time of writing, CRV trading at $4.04 with 3% loss on a daily chart.
Ethereum (ETH)
Lastly, Credible Crypto looks into the leading smart contract platform Ethereum and the largest digital asset by market cap, Bitcoin.
He believes the two market leaders to go through a strong V-shaped recovery, with ETH leading the way.
“Getting ‘V reversal’ vibes here tbh (to be honest). This implies the bottom is in at $3,600 and we are essentially going to grind up with small dips along the way but nothing major.Think ETH leads the way. Breaking and closing above $4,600 pretty much confirms it imo (in my opinion). Gonna be fun. ETH. BTC.”
Getting "v reversal" vibes here tbh. This implies the bottom is in at $3600 and we are essentially going to grind up with small dips along the way but nothing major. Think ETH leads the way. Breaking and closing above $4600 pretty much confirms it imo. Gonna be fun. $ETH$BTC
