Popular Analyst Predicts Bullish Momentum For XRP And HBAR Altcoins

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  • Hedera has been up 16.37% in the last 24 hours.
  • XRP is up 4.21% in the last 24 hours.

A crypto market analyst has suggested two cryptocurrencies as possible candidates for a breakout, with over 300,000 followers on Twitter under the handle Credible Crypto. The analyst provided an in-depth study of the digital assets. Both XRP and the DeFi cryptocurrency Hedera Hashgraph (HBAR) have recently made the rounds.

Ripple (XRP) recently emerged from a lengthy legal struggle with SEC regulators and has started to find its feet outside the controversy. Investors thought the cryptocurrency was destined for oblivion for the most significant period. The fact that it has started to climb towards $1 again while not reaching it has shown that everyone was mistaken. The analyst believes that a rebound will occur after the cryptocurrency hits its projected bottom, causing it to rise past the $1 barrier. When it reaches $1, it will continue to rise.

XRP/USDT: Source: TradingView

According to CoinMarketCap, the XRP price today is $0.826948 USD with a 24-hour trading volume of $2,468,651,769 USD. XRP is up 4.21% in the last 24 hours.

Hedera (HBAR)

The expert says HBAR has the same positive outlook as the first cryptocurrency. While the price of XRP is currently hovering around the $0.7 mark, it seems to indicate that the bottom may have been found. Assuming this is true, an analyst’s prediction of a rise to $1 may be on the money after all.

HBAR/USDT: Source: TradingView

Credible Crypto noted:

“would like to see us hold the $0.22-$0.23 region and then make another attempt at reclaiming the weekly supply.”

According to CoinMarketCap, the Hedera price today is $0.261865 USD with a 24-hour trading volume of $175,118,059 USD. Hedera has been up 16.37% in the last 24 hours.

A diploma graduate who is passionate about digital currency and loves writing. He loves the concept of crypto and keeps himself up to date with the latest development and news of the crypto world.