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Cryptocurrency News Articles
title: Credible Crypto Leans Bullish on Curve DAO (CRV) Token, Sees 400% Upside Potential
Apr 12, 2025 at 05:15 pm
A widely followed trader is leaning bullish on the native token of a decentralized finance (DeFi) crypto project built on the Ethereum (ETH) ecosystem.
A widely followed crypto trader is cutting through the noise and revealing his thoughts on a possibility that could deliver massive gains for investors.
The analyst, who is known on X as Credible Crypto and boasts a following of 466,900, says that it is within the realm of possibility for Curve DAO (CRV) to see an over 400% rally from current levels.
Credible says he sees CRV following in the footsteps of the payments altcoin XRP (XRP) when it saw a huge 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 and/or were laughing at the idea.
Have been hearing the same with regards to CRV for months now from those who haven’t spent any time actually understanding the protocol, and I’m expecting a similar outcome.”
CRV is trading at $0.598 at time of writing.
Turning to XRP, CredibleCrypto says the “most bullish scenario” for the fourth-largest crypto asset could unfold if XRP manages to pull through and rise above a major resistance level.
“If we can break back above this point of breakdown [at around $2.20] impulsively, it would be a fantastic sign.”
XRP is trading at $2.00 at time of writing.
Next up is Bitcoin (BTC). The pseudonymous analyst says that while Bitcoin is performing well and holding up an important range, the crypto king needs to keep support at around the $78,000 to $80,000 to “keep the bullish idea intact.”
Bitcoin is trading at $83,208 at time of writing.
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