The cryptocurrency market has been trading in the green in the last 24 hours, with Bitcoin (BTC) up 3.36%. Meanwhile, Ethereum (ETH) gained 3.89%, while Solana (SOL) was one of the best performing altcoins with a 9.95% gain. Crypto analyst with a large following, nicknamed Credible Crypto on Twitter, is bullish on five altcoins after Bitcoin (BTC). Credible Crypto, also known as the Ripple Oracle, had recently predicted and hit XRP’s pullback to $0.168 before continuing to rise to around $0.20 and above. The analyst also knew in March of this year that XRP would take a big hit after a correction. At the time, XRP was trading close to $0.5 and started to approach $2 towards April. we too cryptocoin.com We have prepared the altcoin projects that the crypto analyst is bullish with the analysis of Credible Crypto for you.
Are whales getting Convex Finance (CVX)?
According to Credible Crypto, the whales appear to be buying Convex Finance, which powers the decentralized exchange:
Another million dollar CVX purchase from the pros at $21.53 per CVX. Yes, you are still early.
The analyst sees $20 as very important resistance, and states that if it falls below $17, it may cause more declines in the future. CVX has fluctuated in the $19-$27 range in the last 24 hours. At the time of writing, it broke the resistance stated by the analyst and rose to $ 25.21 with a daily increase of 29.53%.
Credible Crypto: Ripple (XRP) will melt people’s faces
Despite Ripple’s legal battle with US securities regulators, Ripple (XRP) looks solid. The analyst believes that XRP will turn support from a historic resistance level and set the stage for a massive upswing. Saying that he admires how beautiful the XRP chart is, the analyst makes the following assessment:
I’m not sure how an analyst could objectively state a downside for this chart from a technical standpoint. I guess XRP will melt people’s faces when we leave here soon.
The overnight upside rally in XRP ended with some bids around $1.10. In the previous 24 hours, Ripple (XRP) has lost 3.40 percent of its value. Crypto analyst Delma Wilson states that new crypto market dips are having a negative impact on cryptocurrencies, including Ripple, so Ripple (XRP) price may continue to decline.
Will the leading altcoin Ethereum (ETH) follow in the footsteps of BTC?
According to Credible Crypto, Ethereum (ETH) is on track to set new records, following in the footsteps of Bitcoin’s recent record-breaking rise. ETH is currently trading at $4,194, up 4.51% daily, according to data from CoinMarketCap.
According to analyst Delma Wilson, the $3,960 support trendline will provide immediate support, followed by the 78.6% Fibonacci retracement level at $3,797.
An altcoin on the way to ATH according to Ripple Kahini: Hedera Hashgraph (HBAR)
Credible Crypto predicts that the digital asset of decentralized public network Hedera Hashgraph (HBAR) will hit an all-time high if it can break the recent hurdle at $0.47. The analyst says HBAR is following the plan all the way and curving towards the midpoint of the range. The analyst expects HBAR to break soon and reach the highs of the range:
Clean RED (red) and all-time high (ATH) are on the way.
Analyst Delma Wilson reminds that HBAR is experiencing fluctuations with minimal volatility as it trades in the range of $ 0.3847 to $ 0.3720, and the ATH of the token is $ 0.56, and states that the token must jump 20 cents to reach this level.
“Solana(LEFT) is on her way to ATH”
According to Credible Crypto, Solana (SOL) is also expected to hit an all-time high. Over the past seven days, the crypto asset has increased by about 35.36% from $162.60 to $211.52. The analyst finds it worth noting that the Orange zone is the last line of resistance before a fairly wide decline:
BTC broke the resistance and the bearish scenario was thrown out the window. Prepare for an all-time high not only in Solana (SOL), but also in a number of other altcoins.
Solana price is climbing today after a significant change and a short consolidation below the $190 resistance. Analyst Delma Wilson expects SOL to rise further in the next 24 hours, targeting an all-time high of $215.
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