A widely followed crypto analyst, also called the “Ripple seer” for his predictions for XRP, is bullish on five altcoins following Bitcoin (BTC) massive price action to all-time highs.
Here are the altcoin recommendations of the Ripple prophet
cryptocoin.com As we have previously reported, Credible Crypto correctly predicted that XRP would retrace to $0.16 before approaching $0.20 and above, and that XRP would correct and then rise in March of this year. XRP rose from $ 0.5 to as high as $ 2 during the period in question. Now, the trader says that whales are hoarding CVX, the Convex Finance token backing Curve Finance, and uses the following statements:
Another million dollar CVX purchase came from the pros at $21.53 per CVX. Yes, you are still early.
Also, Credible says that XRP looks strong despite Ripple’s legal battle with US securities regulators. He expects XRP to turn a historic resistance level into support and pave the way for a major rally. The trader said, “I can’t understand how great this chart looks. From a technical standpoint, I find it hard to see how an analyst could objectively suggest a bearish case for this chart,” he said, noting the chart below:
ETH, BTC, HBAR and SOL forecast from the analyst
The analyst says that Ethereum (ETH) is poised to reach new highs, following in the footsteps of Bitcoin’s recent record-breaking rise. As for Hedera Hashgraph (HBAR), Credible Crypto says that if the asset breaks a hurdle that remains at $0.47, it could hit an all-time high.
The analyst believes Solana (SOL) will also reach an all-time high. Sharing the chart below, the trader said, “Note that the ORANGE region is the last line of defense before a much bigger drop. This level held, BTC broke resistance and bearish scenario was invalidated. Prepare for an all-time high, not just in SOL, but in many other alternatives.”
The trader adds that the bullish crypto market will drive price increases for other altcoins, but warns that BTC could outperform the market in the short term. He says that this “means full bull” in altcoins. “Yes, BTC will initially gain attention, but altcoins will soon follow BTC with their own massive rally,” he concludes.
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