A respected crypto analyst known as Credible Crypto is predicting big things for Ethereum (ETH).
Ethereum’s Solid Support
Credible Crypto believes ETH is unlikely to fall below $1,600, with strong support between $2,800 and $3,430.
SEC Ruling as a Catalyst
The recent decision by the U.S. Securities and Exchange Commission (SEC) to end its investigation into Ethereum’s status as a security has given ETH a major boost. Credible Crypto says this is “likely the [last] nail in the coffin for bears.”
Curve DAO (CRV): An Opportunity for Investors
Credible Crypto also sees potential in Curve DAO’s (CRV) token. He compares the current opportunity to buy CRV to the deals made by venture capitalists last year.
Convex Finance (CVX): Tight Liquidity and Potential Gains
Credible Crypto notes that Convex Finance’s (CVX) token is currently experiencing limited liquidity. However, he believes that the locked and staked tokens will soon reach the maximum supply, leading to a potential surge in value.
