An analyst who predicted that Bitcoin will drop in 2022 says that SHIB and CRV are preparing for rallies.
Smart Contracter tells those who missed the Dogecoin rally to look at the Shiba Inu (SHIB)
The cryptocurrency market has been moving upwards since October 25. You can find the past forecasts of Smart Contracter, which predicted the collapse of 2022, in this article. In its current analysis, Contracter said that the price of Shiba Inu (SHIB) is sticking to a bullish outlook shared earlier this week. The analyst was expecting a bullish divergence for SHIB and Dogecoin late last month. As Dogecoin wraps up this rally, the analyst says SHIB is the second opportunity:
If you missed DOGE, you have a chance to jump into SHIB.
Looking at the analyst’s chart, we see that SHIB has outperformed Bitcoin, just as Dogecoin has done in recent weeks. Smart Contracter predicts that this momentum will continue. Ranked 13th by market cap, SHIB is currently trading at $0.00001271. It had gained more than 15% at one point compared to last week.
Curve DAO (CRV) on the verge of breakout on daily chart
According to Smart Contracter, the Curve DAO (CRV) is on the verge of breaking out after forming a reversal pattern on the daily chart. The DeFi altcoin is currently ranked 84th by market cap. The analyst states that the VRC chart forms an inverse head and shoulders pattern on the multi-month downtrend breakout.
Looking at the chart, it becomes clear that the analyst is targeting $1.62 for CRV. In such a case, the Ethereum-based token will complete an almost 60% rise. CRV is currently trading at $1.01. It gained around 3% in value compared to the last 24 hours. At one point yesterday, it had put in over 10% of its last 24-hour earnings.
Smart Contracter’s accurate predictions
With Bitcoin trading above $6,000 in June 2018, Smart Contracter predicted it would bottom at exactly $3,200, give or take $200. Six months later, a bottom was reached for Bitcoin at around $3,150. The analyst is now targeting the $1.62 region, up 60% for CRV in his current forecasts. On the other hand, a Dogecoin-like rally is waiting for SHIB. Dogecoin rallied over 150% after Elon Musk completed its acquisition of Twitter…
cryptocoin.comAs you follow, Tesla CEO Elon Musk completed his Twitter acquisition after changing his mind a few times. Dogecoin rallied over 150% in just 7 days after that. meanwhile, the market cap has outstripped volume giants such as Solana and Cardano. Dogecoin currently ranks 8th by market cap.
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