Popular cryptocurrency analysts Credible and Cred shared the technical levels of 4 altcoin projects that they expect to rise. In this post, let’s take analysts’ forecasts for CRV, ATOM, ONE, and HBAR.
Credible shares VRC and HBAR analytics
The Twitter analyst nicknamed Credible tells his 289,800 Twitter followers that decentralized exchange Curve Finance (CRV) looks strong after pulling out a key resistance area around $6:
At current prices, CRV has, in my opinion, the most asymmetrical risk-reward ratio on the market right now. A combination of charts, fundamentals, and the ability to earn 50% April while waiting for price to be appreciated is something incredibly hard to find in this space. The CRV has fully recovered from the drop after rising in my target zone. We will be in price discovery soon. See you in double digits…
Credible also closely follows the decentralized public network Hedera Hashgraph (HBAR). According to the crypto analyst, HBAR is poised for at least a 25% increase from its current price of $0.32:
HBAR looks great. We got out of the support zone that I first marked about two weeks ago. As I said in that tweet, my expectation is that we are heading towards $0.40+ in this aid rally.
Altcoin analyst details why he expects bullish from Cosmos (ATOM)
Another Twitter analyst “Cred” thinks that layer one blockchains like Solana (SOL), Terra (LUNA) and Avalanche (AVAX) could hand over the torch to Cosmos (ATOM):
It’s still Layer-1 season in altcoin country and the market is already getting bored of SOL-LUNA-AVAX. The strongest heir is ATOM. In particular, we can make a fundamental argument for Cosmos, which is based on cross chain staking and inter-blockchain communication protocol.
The analyst cites a few key levels to watch in ATOM, both in the dollar pair and the Bitcoin pair:
As for the techniques, the BTC and USD pairs are above key resistance levels. Cosmos looks as strong as 0.00076 ($35.18) on the BTC pair and the USD pair is intact as support at $28.
Next up is Harmony (ONE). Cred says ONE is ready to rally:
The same rules apply as with Cosmos. So, the market seems to be forming a technical breakout in both pairs.
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