The trader, known in crypto circles as Credible Crypto, believes that the correction is only a pause before another explosive leg higher.
He predicts Bitcoin could enter a phase of rapid upside momentum over the coming weeks, provided it holds a crucial support level around $105,000.
“Losing that zone would delay the cycle and surprise me at this point,” the analyst suggested, adding that current conditions still favor continuation rather than collapse. Bitcoin is trading near $113,300 at press time, comfortably above the line in question.
Beyond Bitcoin, Credible Crypto has also turned his attention to XRP. According to his latest chart analysis, the XRP/BTC pair appears to be carving out an inverse head-and-shoulders formation on lower timeframes – a pattern traditionally viewed as bullish.
If confirmed, he believes XRP could climb at least 28% against Bitcoin, revisiting levels not seen since July.
“If Bitcoin stabilizes here, XRP is in a strong position for a breakout,” he noted, pointing to a potential rally once the market leader finds solid footing.
The information provided in this article is for informational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.
The post Explosive Bitcoin Rally Ahead – XRP Could Be the Surprise Winner appeared first on Coindoo.
