Crypto Trader Says 5x Gain on Ethereum-Based Altcoin ‘Quite Feasible,’ Updates Outlook on XRP and Bitcoin
A widely followed trader is leaning bullish on the native token of a decentralized finance (DeFi) crypto project built on the Ethereum (ETH) ecosystem.
The analyst pseudonymously known as Credible Crypto tells his 466,900 followers on the social media platform X that it is within the realm of possibility for Curve DAO (CRV) to witness an over 400% rally from current levels.
Credible says he sees CRV following in the footsteps of the payments altcoin XRP (XRP) when it witnessed a massive price rise in late Q4.
“This is actually quite feasible because once we clear $0.60-$0.80, the next major resistance on CRV is at $2-$3.
We already saw how quickly XRP went from $0.50 to $3+ [last] year when many said it wasn’t possible…