According to crypto analyst Credible Crypto, Bitcoin price looks great and won’t face any real test until it hits the $45,000 mark, about $3,000 above the current price of Bitcoin. Besides, he also has many comments on XRP price. At the time of writing, Ripple’s native token is changing hands at $0.77817.
XRP/USD 4-hour chart | Source: TradingView
Bitcoin is looking great, but XRP price may soon take the spotlight
The crypto analyst said that XRP might be ready to steal the show after holding solid macro support during the latest market-wide pullback.
“BTC looks great here. Not much in terms of resistance until $45,000+. Expecting upside across the board in the coming days as long as the green region is held (which I expect it will be)”, he stated.
“While BTC recently swept our wick lows at $42,000 and Ethereum dumped even further below its own, XRP has held up incredibly well through this correction and has not gotten close to its wick lows. The path of least resistance seems to be Up. All eyes may be on XRP soon”, he said that XRP has been holding up stronger than the leading crypto asset by market cap and could be ready to surge upwards finally.
In August of last year, Credible said that he was expecting XRP to end its bull market somewhere between $20 and $30, and he said that target remains. The analyst said the current price could act as a launchpad for a parabolic uptrend, as XRP bears look like they are starting to lose confidence.
“My expectation is we head up. Path of least resistance is a way of saying sellers seem exhausted and the market seems to think XRP is a better buy here than a sell, hence price should go up”, he concluded.
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