A widely followed cryptocurrency analyst and trader is expressing bullish sentiment on a small-cap altcoin built on the Ethereum (ETH) blockchain.
A cryptocurrency analyst and trader with a large following is optimistic about a small-cap altcoin on the Ethereum (ETH) blockchain.
The analyst and trader, who goes by the pseudonym Credible Crypto, shared his thoughts on the native token of Curve DAO (CRV), a decentralized finance (DeFi) platform for trading stablecoins, with his 399,300 followers on the social media platform X. Credible Crypto believes that CRV is poised for a significant rally.
According to the analyst, CRV could rally to above $6, a potential increase of over 1,724% from its current price, if Bitcoin (BTC) rises to above $100,000.
At the time of writing, CRV is trading at $0.329, while BTC is priced at $64,706.
The analyst also discussed Dogecoin (DOGE), stating that his bearish target for the largest memecoin by market capitalization is between $0.04 and $0.08.
“Best-case scenario for DOGE that I can see is below- that is, finding support at the middle of our range [between $0.1 and $0.075] that we’ve just deviated above. Lose that, and sub $0.05 comes next.”
At the time of writing, Dogecoin is trading at $0.123.
Finally, the analyst commented on Pepe (PEPE), stating that it “looks ready to break down” in a manner similar to Floki Inu (FLOKI).
“Good luck if you bought PEPE above the range highs, you’ll need it.”
At the time of writing, PEPE is trading at $0.0000113, while FLOKI is priced at $0.000179.
News source:https://www.kdj.com/cryptocurrencies-news/articles/credible-crypto-predicts-crv-skyrocket-btc-breaches-k-issues-bearish-targets-doge-pepe.html
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