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XRP, HBAR, BCH, EOS, ZEC, ETH and LTC: when you’re looking to buy the dip, which of these alts make the cut?

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XRP intrinsic value set at $1.75 or 289% upside potential by a recent research
Source: Unsplash

‘The rise of Altseason’ and decline in Bitcoin dominance are inter-linked factors. What’s obvious is the evident rise in interest for Ethereum (ETH), XRP, Litecoin (LTC) and other altcoins. Google trends data shows that these alts have been gaining interest over the past few months.

Credible Crypto, a renowned analyst, narrowed down 7 of these altcoins with ‘high potential’ amid the market correction. As per his tweet, the ‘dip’ posed a perfect buying opportunity for traders.

He later pinpointed two specific coins – Bitcoin Cash (BCH) and Hedera Hashgraph (HBAR) as two alts that traders needed to look at.

According to the analyst, many traders were “underexposed” to BCH.

BCH, the 10th largest coin, at the time of writing, was trading at the $1250 mark. It witnessed a price correction of  1.63% in the last 24 hours as per Coinmarketcap.

Hedera Hashgraph (HBAR), ranked 54th, recently gained popularity after Elon Musk’s calls for a sustainable coin. At press time, it was trading at the $0.33 mark.

The analyst projected a huge rally for the altcoin.

However, a certain price level ($0.35) was to be maintained in order to gain momentum.

Source: Credible Crypto| Twitter

He reiterated the same to support his forecast for HBAR,

“People be like “HA knew that pump wouldn’t last such a pump and dump” like bro the pump started at .24 and is currently trading at .34 some 40% higher like what do you want.”

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Shubham is a full-time journalist at AMBCrypto. A Master's graduate in Accounting and Finance, Shubham's writings mainly focus on crypto-regulations across the United States and Europe. Also, a die-hard Chelsea fan #KTBFFH.

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