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A famous crypto analyst, Credible, closely followed by a significant audience, has made a bullish comment for Ripple‘s popular payment network XRP. The analyst also expects a significant rise in the altcoin king Ethereum (ETH).
Credible Expects Up to 250% Rise in XRP
Credible, from his personal account on social media platform X, told his followers that XRP is ready to perform better than major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH), as well as the general market. He pointed to a bullish reversal signal observed from the XRP/BTC and XRP/ETH trading pairs, indicating significant price increases.
The analyst’s analysis points to a bullish breakout for XRP against Bitcoin and Ethereum, suggesting that XRP is gaining bullish momentum despite price declines or sideways trading. Credible, foreseeing more upward potential, disclosed that he increased his position in XRP and added that a period of outperformance for XRP could be near, based on the latest chart patterns.
Regarding price targets, Credible outlined a bullish scenario for XRP against Bitcoin, predicting a potential rise of about 250% from current levels to approximately 0.0000356 BTC ($2.55). At the time this article was written, the XRP/BTC trading pair was trading at 0.00000958 BTC ($0.68).
Bullish Comments on Ethereum
Following XRP, Credible expressed his optimism about the altcoin king Ethereum as well, predicting that the upward momentum will continue before a significant pullback. The analyst expects Ethereum to rise further and potentially reach $10,000 or even $20,000 during the current market cycle.
ETH‘s price at the time of writing this article is trading at $3,983. The analyst’s forecast indicates that the altcoin king could rise by more than 200% in the coming weeks or months.
