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XRP Gearing Up for Major Rally As Two Low-Cap Altcoins Carve Out Bottom, Predicts Top Crypto Analyst

A closely followed crypto strategist and trader says XRP is gearing up for a possible 50% surge as two low-cap altcoins carve out their bottoms.

Pseudonymous crypto analyst Credible tells his 249,100 followers that while XRP briefly traded below his support area of $0.90, it managed to recover a key price level and is now poised to rally to a new higher high.

 

And here’s one for my ZERPS! We deviated below the range rather than pushing up but now we have reclaimed it, so I am once again targeting the highs at $1.35 and beyond! XRP.”

Source: Credible/Twitter

Credible is referencing a tweet that he posted in September where he plotted XRP’s path from a low of $0.90 to as high as $1.70.

“Swept the highs then swept the lows into daily demand. Number go up now please. XRP.”

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Source: Credible/Twitter

Should XRP follow Credible’s script, the altcoin offers a potential upside of over 55% from its current value of $1.09.

As for the crypto analyst’s long-term price target for the sixth-largest crypto, he believes XRP will skyrocket to between $20-$30 this bull cycle.

The widely followed analyst is also looking at Hedera Hashgraph (HBAR), a public network for peer-to-peer payments. According to Credible, he believes HBAR will carve out a bottom at $0.35.

“HBAR with a very important key reclaim here on the low timeframe. I think our bottom is likely in.”

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Source: Credible/Twitter

Another coin on the trader’s radar is Convex Finance (CVX), the native token of decentralized finance (DeFi) protocol Convex. Credible predicts that CVX will create a new base of buyers around $12 before launching a rally to about $16.

“Expectations. CVX.”

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Source: Credible/Twitter

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