A widely followed cryptocurrency analyst and trader is expressing bullish sentiment on an Ethereum-based low-cap altcoin while offering his insights on Bitcoin (BTC<\/a>) and Curve DAO (CRV<\/a>).<\/p>\n The analyst pseudonymously known as Credible Crypto tells<\/a> his 401,200 followers on the social media platform X that Convex Finance (CVX<\/a>) has the \u201cbest-looking chart\u201d in terms of the risk\/reward ratio over the short to medium term if the support level between $2.60 and $2.70 holds.<\/p>\n Convex Finance is a decentralized finance (DeFi) platform built on the Ethereum (ETH<\/a>) blockchain.<\/p>\n \u201cIf those lows [between $2.60 and $2.70] aren\u2019t breached, things are going to get explosive soon.\u201d<\/i><\/p>\n CVX is trading at $3.06 at time of writing.<\/p>\n According to Credible Crypto, the market structure of CVX is currently echoing that of Dogecoin\u2019s (DOGE<\/a>) past price action prior to massive breakouts.<\/p>\n \u201cCVX structure at the moment reminds me a lot of the repeated macro bottoms we saw on DOGE in the past\u2026\u201d<\/em><\/p>\n Next up is Bitcoin. In a post with an attached chart illustrating Bitcoin on a potential upward trend, the pseudonymous analyst says<\/a> BTC stands a \u201cchance\u201d of potentially embarking on a bullish trajectory over the coming weeks and months. Based on the chart, Credible Crypto seems to suggest that Bitcoin could explode to around $163,000.<\/p>\n At time of writing, Bitcoin is trading for $60,773.<\/p>\n Turning to Curve DAO, a DeFi protocol focused on trading of stablecoins, the pseudonymous analyst says<\/a> that CRV has fallen to an area of key demand on its BTC pair \u2013 a development that could have bullish implications for the Curve\/US dollar pair.<\/p>\n \u201cOdds are high that CRV\/USD is going to bounce back to the upside soon.<\/i><\/p>\n If BTC can tread water, CRV should begin outperforming again in the short term.\u201d<\/i><\/p>\n At time of writing, CRV is worth $0.278.<\/p>\n Don’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>   Generated Image: DALLE3<\/em><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":" A widely followed cryptocurrency analyst and trader is expressing bullish sentiment on an Ethereum-based low-cap altcoin while offering his insights on Bitcoin (BTC) and Curve DAO (CRV). The analyst pseudonymously known as Credible Crypto tells his 401,200 followers on the social media platform X that Convex Finance (CVX) has the \u201cbest-looking chart\u201d in terms of […]<\/p>\n","protected":false},"author":2,"featured_media":334093,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-334090","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/334090","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=334090"}],"version-history":[{"count":3,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/334090\/revisions"}],"predecessor-version":[{"id":334096,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/334090\/revisions\/334096"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/334093"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=334090"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=334090"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=334090"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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