A popular crypto analyst, Credible Crypto, is predicting a major price surge for the Curve Finance (CRV) altcoin. They believe CRV could jump by over 150%.
Curve Finance’s Bullish Outlook
Credible Crypto, who boasts a large following on X (formerly Twitter), points to a bullish divergence in the CRV/BTC pair on the two-week chart. This means that while CRV’s price has been dipping, indicators like the Relative Strength Index (RSI) are showing signs of strength, suggesting an upcoming price increase. The analyst has already been trading CRV and is now anticipating a significant upward move. They’re targeting a price increase that would represent a 150% gain.
Currently, CRV/BTC is trading at 0.00000336 BTC ($0.2954), slightly down for the day.
Ethereum’s Potential
Credible Crypto also sees potential for Ethereum (ETH) to climb. They predict ETH could dip to around $2,800 before rallying to over $4,000. This prediction is based on their analysis of the ETH/BTC pair. They believe ETH will outperform Bitcoin for a short period while Bitcoin remains within a specific price range.
At the time of writing, ETH is trading at $3,110, also slightly down for the day.
Disclaimer: This information is for general knowledge only and should not be considered investment advice. Always conduct your own research before making any investment decisions. Cryptocurrency investments are inherently risky.
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