A crypto analyst widely followed by the crypto community, Bitcoin (BTC) Following its massive push to all-time highs, five altcoins are on the rise.
Credible Crypto, the trader using the alias, has 251,200 Twitter followers, the token that powers the whales Curve Finance decentralized exchange (DEX). Convex Finance (CVX) He reports that he seems to be accumulating.
“Another $1 million in CVX purchases from professionals at $21.53 per CVX. Yes, you are still early.”
Credible, the best cryptocurrency He says that XRP looks strong despite Ripple’s legal battle with the US securities regulator, which ranks seventh in the rankings.
The analyst predicts that XRP will turn a historic resistance level into support and pave the way for a major rally.
Analyst, Ethereum (ETH) He says he is ready to reach new highs, following in the footsteps of Bitcoin’s recent record-breaking rise. According to CoinGecko, ETH is currently trading at $4,011.
decentralized open network Hedera Hashgraph (HBAR) As for the digital asset, Credible Crypto predicts that if the asset breaks a barrier at $0.47, it will hit an all-time high.
“HBAR has done an excellent job of sticking to the plan here. It bends against the midpoint of the range – I suspect it will break soon and we will hit highs at 43. Light RED and a new all-time high is coming.”
According to the analyst, Left (LEFT) He is on his way to breaking the all-time record.
Over the past seven days, the crypto asset has risen from $162.60 to $204.30, this price action representing an increase of about 26 percent.
“Remember that the ORANGE zone is the last line of defense before a much bigger drop.
It held, BTC broke resistance and bearish scenario was invalidated. Prepare for all-time highs not only in SOL, but also in many other altcoins.”
The trader adds that the bullish crypto market will lead to price increases in other altcoins, but warns that BTC could outperform the market in the short term.
“If you’re wondering, that’s bullish on altcoins as well.”
Yes, BTC will gain attention initially, but altcoins will soon follow with their own massive rallies.”
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.