The closely followed Ripple seer Credible says he is optimistic about XRP and that altcoins are poised to surpass Bitcoin (BTC).
Ripple (XRP) is ready for its $3.40 ATH
Credible says that XRP’s price structure is very similar to data sharing protocol OriginTrail, which has risen more than 300% following the recent listing of native token TRAC on Coinbase Pro. He expects XRP to follow a similar path to TRAC and bring it back to the previous ATH level of $3.40.
Ripple Oracle Announces New Predictions!
Credible says ETH is ready to kick off altcoin season
After Ethereum’s recent move against Bitcoin (ETH/BTC), ETH awaits the next leg to kick off a new altcoin season, according to the Ripple seer. The analyst also notes that Bitcoin dominance has probably already peaked, paving the way for an altcoin rally:
ETH/BTC broke out today and closed above the key resistance zone I was watching. This is a great sign and shows that BTC dominance may already have peaked and altcoins may be about to steal the ETH-led show.
Here, the analyst says that falling Bitcoin dominance does not necessarily mean that the BTC price will fall.
ETH/BTC broke out today, closing above the key resistance zone I was watching. This is a great sign and indicates $BTC dominance may have already found its top and alts may be about to steal the show, led by $ETH. https://t.co/lGCdQYzGRv
— CrediBULL Crypto (@CredibleCrypto) November 3, 2021
Bitcoin’s indecision could soon be resolved, according to Credible
Credible thinks that Bitcoin’s upward or downward direction is imminent. According to his analysis, a $63,000-64,000 rejection could take BTC back to major support around $58,000.
The $63-64,000 band is appropriate for BTC to see if we now climb to the new ATH or reject soon and continue the range.