Credible is a popular crypto strategist and trader, and he goes on to mention an important resistance area for XRP. Then, states it must take it out to head towards a new all-time high.
Additionally, Credible explains to his 263,300 followers, saying that XRP is currently taking it one level at a time. Then, it will be ready for a new all-time highs (ATH), after breaking through.
Then, Credible explains.
“Once we manage to clear $1.70 on HTF, we are going to absolutely take off targeting new ATH…”
“You can see here why this region, in general, is so significant.”
Furthermore, as per Credible chart, the part between $1.50 – $1.70 is the point of breakdown in May. Of course, this facilities a multi-month bear trend for the seventh-largest crypto asset. Then, it results to a button out in July.
Considering Bitcoin, he also says that BTC is ready for a short-term run after retesting support around $62,000.
“[BTC] decided to take the lows first. Let’s run it back to $66,000 = now…”
“Note that while BTC made a local lower low here, most alts did NOT. This is a good sign.”
Then, Credible concludes.
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