Credible Crypto, a closely followed cryptocurrency strategist; He said he believes leading cryptocurrency Bitcoin (BTC), Ripple (XRP) and an altcoin will continue their bullish momentum despite some market turbulence over the weekend. Here are the details…
Credible Crypto Ripple comments for BTC
Credible told his 320,200 Twitter followers that he saw Bitcoin pull back to the $42,000 level before continuing its uptrend. “With this last weekly close, we have taken back a very important level. The last four times we have closed above or below this level on the higher timeframe, we have moved to the opposite end of the range within a few weeks. We expect the same this time around – a retest of the $40,000 low and continued bullishness.” Looking at the chart of
Credible, the crypto strategist predicts that the Bitcoin rally will be above $50,000 once the short pullback ends. For XRP, another coin on his list, the trader says he is poised for a rally above $1.00 after the asset formed a bullish lower setup. His chart shows that XRP could rise to $1.01 followed by $1.5 and uses the following expressions:
It takes a while to see higher lows but they’re still coming. We may see volatility on a shorter time frame, but I think we kept our higher high low and continued up from there.
Litecoin (LTC) resembles Zilliqa (ZIL)
According to analyst, Ripple (XRP) is right in its predictions, as we have previously reported as Cryptokoin.com The last cryptocurrency on Credible’s radar is Litecoin (LTC), a cryptocurrency built for payments. According to Credible, Litecoin’s chart resembles the market structure of Zilliqa (ZIL), a low-value altcoin that has exploded over 600 percent in a short time. The analyst uses the following statements in his explanations on this subject:
ZIL has increased by about 6x in two weeks and LTC seems to be preparing similarly from a technical point of view… This next step will be fun.
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