New Analysis On Bitcoin, Ethereum, And XRP Is Out

The crypto market looks pretty bloody today with most of the coins trading in the red. Bitcoin and Ethereum seem to be under a new correction again.

At the moment of writing this article, BTC is trading int he green and the king coin is priced at $31,698.58.

New predictions about BTC, ETH and XRP arise

Trader and analyst Credible Crypto says that Bitcoin is at a critical juncture as bulls struggle to push the king coin higher.

The just posted on Twitter that BTC may be due for a larger corrective move after BTC failed to stay above immediate resistance at $34,000.

According to his chart that you can see above in the tweet, BTC may retrace all the way down to support of $26,000, which represents a 20% decline from its current price of $32,300.

Bitcoin basically continues to consolidate these days, and we already revealed that some whales are making sure of this.

It’s also worth noting that the analyst is tracking the performance of Ethereum (ETH) as well.

He’s expecting ETH to double in value.

He said that this is definitely the time of ETH, check out his tweet below:

He also had a few words to say about XRP.

He predicted another leg down before it can regain its bullish momentum.

“Looks like we aren’t ready to go for the highs just yet. The full retracement of the last attempted move up indicates we may need to seek liquidity lower first. Still think the bottom is already in and expect this dip to be bought up aggressively.“

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