Twitter analyst Credible, also known as the Ripple seer, talks about Ripple (XRP) and a DeFi altcoin project likely to rise while the leading cryptocurrency expects Bitcoin to stall. We have compiled the analyst’s current posts for Kriptokoin.com readers.
Analyst says Ripple price can reach $1 target
Crypto analyst nicknamed Credible said in his posts on February 11 that he expects XRP to jump to $1.00:
we came. It is possible to see a decrease from here, but as I mentioned in my last tweet, I believe that we will create a bottom / upper bottom in this. Then we can reach higher levels.
XRP is trading at $0.8427, up nearly 10% in the last 24 hours at the time of writing. Climbing Credible’s $1.00 target will mark more than 20% gain over the current XRP price.
HBAR prepares to rally as Bitcoin pulls back
Hedera Hashgraph (HBAR), the publicly traded Blockchan technology for P2P payments, is a recent hotspot from Credible. According to the analyst, HBAR could receive a strong upside reaction from the $0.22 support and reach the short term target of $0.26. Credible follows and interprets the following technical chart for this:
We have provided the weekly demand zone since my previous update and we are now witnessing a pullback. As stated earlier, we need to recapture this area to confirm a bottom. I would like to see us hold the $0.22-0.23 range before attempting to recapture the weekly supply.
When it comes to bitcoin, Credible says the leading crypto still looks positive even if the price drops below $40,000:
we’re in the $45,000-47,000 range, a local we reached the highest level and now it is recovering as predicted. I’m not sure how far this bearish momentum will go for Bitcoin, but any level between $38,000 and $39,000 will suffice.
At the time of writing, the market has remained stable in the last 24 hours, with Ripple (XRP) the highest performer among the top 100 cryptocurrencies, rising 9.06%. In the same period, HBAR rose 1.90% and BTC 0.63%.
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