Popular analyst Credibe Crypto continues to rise on Bitcoin (BTC) and a DeFi altcoin project. The analyst shares his bullish predictions with his followers. As Kriptokoin.com , we have compiled the details for you, let’s examine the subject together…
Credibe Crypto: Bitcoin looks attractive with current prices!
Popular analyst Credibe Crypto tells his 291,600 Twitter followers that Bitcoin looks attractive with the current fiadollars, considering the top coin is down nearly 40% from its all-time high. Credibe Crypto adds:
If my analysis is correct, the downside of current levels is capped at around $10,000 maximum, followed by an increase of over $60,000 in the coming months. Don’t miss it.
Credible Crypto: This altcoin can do 10x!
Analyst Credible Crypto uses the Elliott Wave method, a technical analysis approach that predicts future price action by following crowd psychology, which tends to manifest in waves. According to Credible’s chart, Bitcoin appears to be in the last leg of its correction phase before sparking a massive rally above $100,000.
The analyst is also still bullish on Curve DAO Token (CRV), the management token of Curve Finance, a decentralized exchange for stablecoins. CRV is trading at $4.7 at the time of writing, up about 15% from where it was quoted a month ago. Credible Crypto says that $5.5-6 will act as resistance for the altcoin. If the CRV can break through this level, the analyst thinks the coin could rise almost 10x to $40 during the current bull run.
Here are the successful predictions of Credible Crypto
Kriptokoin.com as we previously reported on Credible Crypto He said that XRP will pull back to around $0.20 and $0.168 before continuing higher higher. XRP acted exactly as the analyst stated and dropped to this low. In March of this year, Credible Crypto also correctly predicted that the XRP price would start a massive uptrend after it stumbled upon a healthy correction.
At the time, the cryptocurrency was trading close to $0.5 and later in the month it started approaching $2 by April. The analyst also correctly predicted that in June, Bitcoin would surge above $50,000 before correcting steeply. On November 8, when Bitcoin broke above $67,000, the analyst said that the rally would be insufficient and BTC would pull back in the short term, and he predicted correctly.
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