Despite the uncertainties in the broader digital asset market, a famous crypto analyst and trader is laying out what’s next for Bitcoin (BTC), XRP, and one low-cap altcoin this week. Credible, the industry’s pseudonymous analyst, tells his 310,600 Twitter followers that he expects Bitcoin to consolidate this week to find new buyers for the next leg up.

” Going to be a slow week in my opinion as we are sandwiched between critical support ($38,000-$39,000) and critical resistance at $41,000-$42,000. I suspect we chop around between these two levels for a bit but ultimately resolve this consolidation to the upside. Hard invalidation for this idea is a tap of $36,200. Bitcoin. I’m fully deployed at the moment with my last spot buy in the $36,00 region. If I weren’t, then yes, I would be buying there.”

$42,287. pic.twitter.com/bZpODiT3HU

— Bitcoin (@Bitcoin) March 19, 2022

Credible believes the sixth-ranked cryptocurrency will trade sideways this week after a temporary increase from $0.76 to $0.85 on February 19th.

“A nice move but still consolidating before the next leg for now, in my opinion.” 

Credible is positive on XRP, expecting the altcoin to surge to his $1.00 minimum target.

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Credible is also keeping an eye on the pricing of Hedera Hashgraph (HBAR), a public peer-to-peer payment network. While Credible believes the bottom for HBAR has been reached, he thinks the altcoin could still retrace to $0.20.

“I think the bottom is in, but we need to clear $0.25-$0.28 for confirmation. Just like the last time we put in our bottom, we spent weeks very close to those lows without making a lower low – so yes, we can see $0.20 again.”