In the crypto money market, a sense of fall from the new began to prevail. Bitcoin and a lot of large Altcoin witness registered price decreases. However, analysts think that some tokens are being prepared to rise. An analyst with a large audience says that a decentralized finance (defi) token may be preparing for a large rally.
Credible Crypto is waiting for a 240 %rally from CRV!
As you follow from Kriptokoin.com, the red color prevails in the Bitcoin and Altcoin market. However, the popular analyst, Credible Crypto, says Curve Dao (CRV) may increase more than 240 %than the current value if he can break an important area of resistance. In this context, the analyst makes the following statement:
For those who want to buy a decrease in CRV, we approach a significant level of resistance in lower time periods, both USD and BTC parities. Determine this level (easy enough to do this on the four -hour graph) and understand that if this area is not at the bottom, it is the most likely place for this rally to end up. If we cross this region, we are open to $ 2 and more. When we enter this resistance area, it is necessary to monitor if there is a potential rejection.
These levels are critical for the rise of the Altcoin price
Credible Crypto says that the CRV should reclaim $ 0.67 in the USD parity (CRV/USD) to rise towards the new local summits, and the key resistance level to be broken against Bitcoin (CRV/BTC) is 0.00000633 BTC ($ 0.55). Analyst explains his views on this subject as follows:
These are the above -mentioned levels of interest in the low time period for CRV. We need to recapture the red zone cleanly and reach the new local summits quickly. On top of us, there are many upward local peaks that are not used. We just need to clean local resistance and have some positive developments in BTC. In other words, we need to prevent the BTC nuclear bomb from falling below $ 80,000. We successfully cleaned this area, which confirms that we hit the bottom.
Source: Credible CryptoCredible Crypto foresees a decline for XRP!
Finally, the analyst warns that Ripple’s local token XRP may be on the verge of a correction. In this context, the analyst said, “I am making a decline in XRP and a strong rise estimate in ETH and CRV. Not everything always has to act in the same direction.” says. Meanwhile, the XRP is traded for $ 2,20 with a 6.9 %decrease on a daily basis.
