A popular crypto analyst, known as CredibleCrypto, is predicting a significant price increase for XRP. Their analysis, shared with over 450,000 followers on X, suggests XRP is poised for a major rally.
XRP’s Promising Chart
CredibleCrypto’s one-hour chart shows what they believe is an inverse head-and-shoulders pattern—a bullish indicator. They expect XRP to dip slightly before a potential surge of at least 65%. The analyst calls it “the most bullish-looking chart in the entire space.” At the time of writing, XRP was trading at $2.28.
Ethereum’s Forecast
CredibleCrypto also shared their outlook on Ethereum (ETH). They predict ETH will trade between $3,000 and $3,800 before bottoming out around $2,800. After this, they anticipate a rally to a new all-time high above $6,000, based on a 12-hour chart analysis. ETH was trading at $3,492 at the time of this writing.
ETH/BTC Pair: A Strategic Entry Point
Looking at the ETH/BTC pair, CredibleCrypto is waiting for a price drop to the 0.02700 BTC to 0.02800 BTC range before entering a long position. They believe this could mark the bottom of the current cycle. Currently, ETH/BTC is trading at 0.03542 BTC.
Disclaimer: This information is for general knowledge and shouldn’t be considered investment advice. Always do your own research before making any investment decisions. Cryptocurrency investments are inherently risky.
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