Popular trader and analyst Credible Crypto says it is almost time for two altcoins to go up and end their accumulation phase.
The pseudonymous analyst tells his 232,800 Twitter followers that he sees XRP and Hedera Hashgraph’s native asset, HBAR, as the two digital assets that seem poised to spark their upward trends.
“Time is running out to pack yours HBAR and XRP Bags. Pack hard. It’s a long way to the moon. “
XRP is trading at $ 1.29 at the time of writing and is up more than 9% for the week and more than 76% for the last month, according to CoinGecko.
Hedera Hashgraph, a decentralized public network, sees its HBAR trading at $ 0.283639 at the time of writing and is up more than 12% in the last seven days and 30% in the last month.
Credible Crypto anticipates that XRP and HBAR will both have a higher return on investment than Solana (SOL), a smart contract platform that has made headlines recently after rising more than 310% in the past month.
“SOL is a newer coin and this is her first bull run. I can’t expect it to match the majors’ market cap that was there [here] already for two or three bull runs. SOL is already in pricing (where the greatest profits are made), while XRP has not got there yet. “
The analyst also says he would swap Cardano (ADA) for HBAR. ADA has soared more than 113% in the last 30 days as it nears its planned Alonzo upgrade this month.
In the short term, Credible Crypto predicts that XRP could shoot at its immediate resistance at $ 1.50.
“This is the reverse of the $ 1.25 mark I’ve been looking for. Cleared supply area, broken our downtrendline, both retested as support. As long as Bitcoin doesn’t make erratic downward movements, we should be cleared for over $ 1.50. “
Source: Credible Crypto / Twitter
He also says that HBAR will “fly” once it crosses an important resistance range.
“Yep! The $ 0.28-0.35 region is the key resistance! Overcome that and we’ll fly.”
Source: Credible Crypto / TwitterDon’t Miss A Beat – Subscribe to crypto email notifications straight to your inbox
Follow us on Twitter, Facebook and Telegram
Surf the daily Hodl mix
Check the latest headlines
Disclaimer: Opinions expressed on The Daily Hodl are not investment advice. Investors should do their due diligence before making high-risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trades are made at your own risk and that you are responsible for any losses. The Daily Hodl does not recommend buying or selling any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured image: Shutterstock / FlashMovie / Vladimir Sazonov