The Latest Insights from Credible Crypto: Ethereum Rival Facing Critical Moment
A well-known crypto analyst and trader, Credible Crypto, is sounding the alarm on one of Ethereum’s top rivals, Solana. In a recent tweet to his extensive following on X, Credible Crypto emphasized the importance of the $140 support level for Solana (SOL), warning that a failure to hold this level could result in a significant price drop.
Source: Credible Crypto/X
According to Credible Crypto, if Solana manages to maintain its current uptrend, it could potentially reach $230 before a bearish trend sets in. As of now, Solana is trading at $155, showing a 5% increase in the past 24 hours.
Shifting focus to Bitcoin (BTC), Credible Crypto highlights the importance of the $60,000 support level for the leading cryptocurrency. Failure to hold this level could signal the end of the current bullish trend for Bitcoin.
Source: Credible Crypto/X
Credible Crypto suggests that Bitcoin could see a bounce to around $77,000 after touching lower levels. The analyst remains cautiously optimistic about Bitcoin’s potential for growth.
Source: Credible Crypto/X
Lastly, Credible Crypto turns his attention to Dogecoin (DOGE), emphasizing the importance of the $0.13 support level for potential price movements. DOGE is currently trading at $0.14, with a 5.4% increase in the last 24 hours.
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