Credible Crypto, A popular analyst and trader is giving out target predictions for many crypto assets, ranging from Bitcoin, Ethereum, Polygon and Heder.
Furthermore, considering Credible Crypto believes that BTC is surviving the worst of the recent selloff
“I don’t think we see new lows yet. Expecting relief to mid-50k’s soon.”
“We have swept both our local lows and bids are being filled across…”
“major exchanges here in the 45-47k range.”
More so, Credible Crypto looks at the leading smart contract platform Ethereum. Then goes to say that it’s stacking up against Bitcoin. Also, he notes how a breakout above the 0.070 to 0.080 mark will mean good run for altcoins.
“Many asking if I’m still bullish on alts – nothing has changed but you must understand…”
“the [level] we reclaimed is a MONTHLY level. Intra-month we can wick below just like we…”
“wicked above in months prior. Alts may see some downside in coming weeks,..”
“but HTF [high time frame] remains bullish above GREEN.”
So, Credible Crypto explains.
Additionally, as concerning scaling solution protocol Polygon (MATIC), Credible Crypto says the altcoin is enduring a wild ride of price swings.
“I call this one ‘Fearmonger Part 2.’ Our recovery ended up with another…”
“bearish SFP [swing failure pattern] of the highs…”
“[Liquidity] hunting before making another attempt at $1.35 [in my opinion].”
Furthermore, Credible Crypto mentions enterprise-grade, proof-of-stake public network Hedera (HBAR). Then, states expecting the price to rally soon, noting fall below $0.30 is a good position.
“HBAR printing a classic bullish [divergence] on the daily,…”
“indicating that we will likely see some relief in the coming days along with the rest of the market….”
Lastly, Credible Crypto concludes.
“That being said, the lost weekly support at around $0.30 may now act as resistance…”
“Targeting $0.26 and above that $0.30 for now.”
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