The post Expert Predictions: BTC, ETH, XRP, and SOL Ready for Liftoff Before the Bull Run! appeared first on Coinpedia Fintech News
Now that the Fed has cut rates, many wonder if money printing is about to ignite a crypto boom. To shed light on this, well-known analyst CrediBULL Crypto shares surprising price predictions for BTC, ETH, SOL, and XRP in a recent YouTube video on the Thinking Crypto channel.
These insights could change your investment strategy, so get ready for a big move in the crypto market as the bull run is about to begin.
Bitcoin Price Prediction: $150k Next
Analyst Credible Crypto notes that Bitcoin is currently experiencing a long consolidation phase. While this might worry some traders, it’s a typical occurrence, especially when compared to previous corrections, like the one around $30k before rising to $71k.
Current analysis indicates we may be nearing the end of Wave Four, with Wave Five potentially starting soon. This could lead to significant price movements and a “parabolic blow-off top.”
However, the analyst didn’t pinpoint the exact timing of the breakout, he believes Bitcoin might hit around $150k, marking a 250% rise from current levels.
For ambitious investors, Bitcoin could even reach between $110K and $300K in this cycle!
Ethereum Eye For $10K
Moving forward into the analysis Credible Crypto highlighted about ethereum price action. He suggests that the ongoing correction isn’t over just yet, expecting a final lower low before a rebound. Analyzing the three-month chart, he notes a consolidation phase similar to the rise from $1.5K to $4K.
Further, analysts highlighted that Ethereum’s movement is closely tied to Bitcoin. If Bitcoin hits $150,000, ETH could double or triple, targeting $5K to $7K. Furthermore, we could even see a potential surge to $10K.
Solana Price To Hit $1000K
Further into the analysis, Credible Crypto pointed out that Solana has recently performed well, but a price cooldown may be on the horizon. He highlights a crucial resistance level in the Solana-Bitcoin pairing that could trigger a drop to the $120-$130 range before any future rise.
While he believes Solana could eventually hit $1,000, he stresses that a correction is needed for healthy growth. For now, he suggests investors look for better opportunities elsewhere.
XRP Ready To Soar: $3.3
Lastly, Credible Crypto notes that XRP is on the verge of a significant price movement after years of consolidation. The coin has struggled in a sideways trend since 2017, mainly due to the SEC lawsuit.
Now the lawsuit is resolved analysts hint that XRP could break free and hit new highs of $3.35, with the potential to jump into double digits between $10 and $30.