Experienced cryptocurrency analyst Credible Crypto shared his latest reviews on Ethereum (ETH), XRP and popular memecoin PEPE. While the analyst warned of a major decline for PEPE, he stated that he took a cautious approach in Ethereum and XRP.

Major Drop Warning for PEPE$PEPE


Analyst Credible Crypto stated that PEPE performed “pretty well” during the overall market decline. However, he predicts that PEPE will trend downward in the long run. Credible Crypto predicts that PEPE could rise to 0.0000145, an increase of approximately 38% from its current price, before falling below $0.000005. At the time of writing, the price of PEPE was around $0.0000104.

Cautious Expectations on Ethereum and XRP
Evaluating Ethereum after PEPE, the analyst stated that he expected a decline for the largest altcoin. According to Credible Crypto's analysis, Ethereum's price could fall below $2,800, down approximately 12% from its current level. The analyst expects Ethereum to first rise to the $3,400 level and then retreat to lower levels. Ethereum is trading at $3,174 at the time of writing.

Finally, discussing XRP, Credible Crypto stated that it will look for a buying opportunity if XRP falls below the $ 0.49 level. The chart shared by the analyst on the 12-hour time frame shows that XRP can rise to $ 1, an increase of approximately 66% from its current level. XRP, on the other hand, is trading at $ 0.603 at the time of writing this article.

  • PEPE may rise 38% in the short term, but is expected to decline in the long term.

  • The price of Ethereum may first rise to $3,400 and then drop below $2,800.

  • If XRP falls below the $0.49 level, it may be a buying opportunity for the analyst and a 66% upside is predicted.

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