Altcoins

This Altcoin Is All Set To Rally 10x As Bitcoin and Ethereum Price Are Primed To Rebound Soon

Written by: Elena R

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Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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Apr 25, 2022

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A popularly known crypto strategist and trader who is pseudonymously known as CredibleCrypto, talks about one altcoin and he believes that this altcoin could record a 900% rally along with giving his opinion on Bitcoin (BTC) and Ethereum (ETH).

This pseudonymous crypto analyst, tells his 327,800 Twitter followers that he is of the opinion that Bitcoin will correct as low as $38,000 before it gets ready for another rally. He quotes that 

“Up against our resistance region now. [I] would expect a pullback to at least $39k from here soon. Again, this is just a base-forming here before a full-on reversal, in my opinion. BTC.”

At the time of writing BTC price is trading at $38,529 with a plunge of 3.17% over the last 24hrs.

The next currency on crypto analyst Credible’s list is Ethereum, a smart contract platform. He predicts that ETH price will form a triangle pattern in the coming months before the currency breaks above $4,000. While tweeting about this altcoin he says

“ETH taking a breather as expected following my last tweet on it. Would be eyeing up $2,500-$2,800 for spot buys if interested in adding to/or building an ETH position.”

At the press time, Ethereum is trading at $2,817 with a downfall of 4.69% over the last 24hrs.

The last currency on the trader’s radar is Curve (CRV), which is a governance token of stablecoin-based decentralized exchange Curve Finance. So according to Credible, for Curve (CRV) the correction is near, and also he forecasts that the coin will see a massive rally after that.

“Yup both winners in my opinion! 10x for CRV yes. Would love a 10x on CVX from here but that’s $300 so will be more of a challenge from current levels than 10x on CRV.”

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Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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