Ethereum (ETH) and XRP to Follow Bitcoin (BTC), According to Popular Analyst


Popular trader and analyst Credible Crypto says the second largest and fifth largest cryptocurrencies will recover in a similar fashion to Bitcoin (BTC).

Popular trader and analyst Credible Crypto says the second largest and fifth largest cryptocurrencies will recover in a similar fashion to Bitcoin (BTC).

In a series of tweets, Credible Crypto, Ethereum; He says he follows the scenario laid out by Bitcoin, which has tripled its price after breaking its 2017 high.

“Do you remember when BTC broke $ 20,000 and flew to $ 60,000 in a few weeks? ETH now wants to follow the leader. 3000 dollars is just the beginning. “

When asked by a follower to set a price target for Ethereum, Credible Crypto said he expected the second largest cryptocurrency to reach “at least around $ 8,000-10,000”.

Ethereum is currently trading below $ 3500, meaning that if the forecast of Credible Crypto comes true, it could rise between 130% and 190%.

XRP Will Follow A Similar Scenario

Trader says XRP will also follow a similar scenario to Ethereum. XRP is currently trading at $ 1.45.

Credible Crypto says it will increase its XRP stake if the fifth largest digital asset by market cap is withdrawn:

“In the ideal bidding zone, it’s about 60% higher than the point where my bids were filled previously. We are now entering the H4 supply. Some profits are locked here and if they fall, they will be taken again. “

Apart from Ethereum and XRP, Credible Crypto points out that Bitcoin is facing strong resistance at $ 60,000 and could likely drop to $ 52,000, a point where it could bid.

The leading cryptocurrency was traded for just under $ 55,500 at the time of writing.

“That’s why we are cautious in the resistance. If we get it, I’ll probably look at long at 52k. ”

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