Of course, on this trader’s list is Ethereum (ETH), the second most important in terms of market volume. Credible notes that it is poised to hit new highs, following in the footsteps of Bitcoin’s recent record high. By this time it is above $ 4,100 at its highest levels ever.
For the analyst, one of the cryptocurrencies with great upward potential is Convex Finance, whose CVX token powers decentralized exchange (DEX) Curve Finance. According to him, the whales are accumulating CLC, indicating that they are anticipating a bullish move that should be fueled by news of a major partnership for the DEX.
Another cryptocurrency on the expert’s list is XRP. Credible has long been a bull of Ripple and in his analyzes he almost always scores the potential of the cryptoactive in terms of valuation.
In this his new analysis said that he expects XRP to turn a historical resistance level into support, paving the way for a big breakout to the upside.
“I can’t understand how good this chart looks. From a technical standpoint, I have a hard time seeing how an analyst can present an objectively bearish case for this chart. When we finish here shortly, XRP is going to melt the faces.” he pointed out.
Also on the trader’s list is Hedera Hashgraph (HBAR), Credible Crypto says a new all-time high is in the chances if the crypto asset can overcome a remaining hurdle at the $ 0.47 mark.
“HBAR is following the plan wonderfully here. I suspect that it will soon break resistance and we will head towards the highs of the 0.43 range. Light red and new all-time high.
The analyst also believes that he expects Solana (SOL) reaches a new all-time high. In the last seven days, the crypto asset has gone from 162.60 to 204.30 dollars, which represents an increase of almost 26%.
The trader added that the bullish cryptocurrency market will result in a rise in the price of other altcoins, but cautioned that BTC may outperform the market in the short term and garner attention, but that there is no doubt that a bullish move from BTC will boost to altcoins.
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