A closely followed crypto strategist and the trader is predicting Curve (CRV) will surge to record highs while saying that a mid-cap altcoin looks bullish.
Pseudonymous crypto analyst Credible tells his 289,800 Twitter followers that Curve, the governance token of decentralized exchange Curve Finance, looks strong after taking out a key resistance area around $6.
“At current prices, CRV is the most asymmetric risk-reward coin in the space right now, in my opinion. A combination of the charts, fundamentals and the ability to earn 50% APR [annual percentage yield] while you wait for price appreciation is something that is incredibly hard to find in this space.
CRV has completely recovered from the drop after bouncing in my target zone. We will be in price discovery soon. I’ll see you all at double digits…”
At time of writing, Curve is trading at $6.12. A move to $10 suggests a potential upside of over 63%.
Credible is also keeping a close watch on decentralized public network Hedera Hashgraph (HBAR). According to the crypto analyst, HBAR is poised for at least a 25% increase from its current price of $0.32.
“HBAR looks fantastic.
We bounced beautifully off the support zone I first marked off nearly two weeks ago.
As I said in that post, my expectation is that we are headed to $0.40+ on this relief rally.
Let’s go HBAR-barians.”
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