A prominent analyst is bullish on four altcoins following Bitcoin’s (BTC) recent major push. KOL
The person known in the industry as the Credible Crypto speak With its 251,200 Twitter followers, Wale appears to be amassing Convex Finance (CVX), a platform that either adds rewards to stake users or provides liquidity to the Curve Finance exchange.
Another multi-million dollar purchase from CVX from investors at an average price of $ 21.53. Yes, it is still early to join. ”
Credible says XRP looks strong despite Ripple’s legal battle with US securities regulators.
He expects XRP to convert historic resistance into support and pave the way for a major rally.
“This graphic looks great. From a technical point of view, I find it difficult to see how an analyst could make a bearish argument for this chart.
If it holds $ 1 support, there will be a strong rally. ”
XRP / USDT 3-week chart | Source: Credible Crypto / Twitter
analyst speak that Ethereum (ETH) is on the verge of hitting a new all-time high after Bitcoin’s recent momentum. According to CoinGecko, ETH is currently trading at $ 4,048.
As for Hedera Hashgraph (HBAR), Credible Crypto says the altcoin will climb to the ATH level if it can break the final hurdle at $ 0.43.
“HBAR is moving here as planned. Gather right in the middle of this range – I think it will soon break above the recent local peak of 0.43 and head towards ATH. ”
HBAR / USDT 4-hour chart | Source: Credible Crypto / Twitter
analyst called added that an increase in bitcoin will lead to an increase in other altcoins.
“In case you’re wondering, did Bitcoin’s recent rally lead to a market-wide rally?
Yes, BTC will be in the spotlight initially, but many other altcoins will soon follow BTC with their own massive rallies. ”
You can see the coin prices here.
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Disclaimer: This article is for informational purposes only, not investment advice. Investors should research carefully before making a decision. We are not responsible for your investment decisions.
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