Closely-followed analyst Credible Crypto is naming the seven assets that he picked up during the latest marketwide correction.
In a new tweet, Credible Crypto asserts that some of the larger market cap altcoins continue to look strong during the abrupt correction, without any dramatic price decreases. According to the trader, the dip provides a prime buying opportunity.
[adinserter block="1"]The pseudonymous trader discloses that he bought more of Ripple’s native asset, XRP, decentralized public network Hedera Hashgraph (HBAR), top smart contract platform Ethereum (ETH), Bitcoin Cash (BCH), decentralized application hub EOS, privacy coin Zcash (ZEC) and Bitcoin fork Litecoin (LTC).
“Majors are holding up absolutely beautifully on this drop. That’s exactly what you want to see when you’re looking to buy the dip. Loading up XRP, HBAR, BCH, EOS, ZEC, ETH, LTC.”
Credible Crypto goes on to specifically highlight Bitcoin Cash, presuming that his nearly 200,000 followers likely do not have enough of the Bitcoin fork.
“I’ll repeat. You’re underexposed to BCH.”
Credible Crypto also gives an in-depth analysis of the red-hot platform Hedera Hashgraph, asserting that anywhere from a 545% to 1,512% rally from its current price of $0.31 is still in the cards for the asset.
“$2.00 – $5.00 we will get. HBAR.”
According to the trader, to gain momentum and begin the rally, HBAR has to maintain strength above the $0.35 range.
“People be like, ‘HA knew that pump wouldn’t last, such a pump and dump.’ Like bro, the pump started at $0.24 and is currently trading at $0.34, some 40% higher. What do you want lol. HBAR.”
That’s the beautiful thing about price discovery – there is none. We’re going to the moon baby.”
Follow us on X, Facebook and Telegram
Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
[adinserter block="1"]
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured Image: Shutterstock/Mia Stendal
