Home Altcoin Crypto Analyst Predicts Fresh All-Time Highs for Solana and Two Altcoins, Says Bottom Is In for 2 Other Crypto Assets

Crypto Analyst Predicts Fresh All-Time Highs for Solana and Two Altcoins, Says Bottom Is In for 2 Other Crypto Assets

6 min read
Comments Off on Crypto Analyst Predicts Fresh All-Time Highs for Solana and Two Altcoins, Says Bottom Is In for 2 Other Crypto Assets

A broadly adopted crypto strategist and dealer says Solana and two different altcoins are poised to print new all-time highs whereas predicting the underside for 2 different crypto property.

Pseudonymous dealer Sensible Contracter predicts that sensible contract platform Solana is gearing up for one more explosive value surge en path to a brand new all-time excessive.


“SOL all-time excessive (ATH) child let’s go. $300 arising.”

Supply: Smart Contracter/Twitter

Sensible Contracter’s prediction is predicated on his evaluation that Solana will observe the footsteps of Binance Coin when it rallied from about $50 firstly of the 12 months to an all-time excessive of $691.

“If SOL follows the run BNB had, it will possibly go to $900.”

Supply: Smart Contracter/Twitter

One other coin on the dealer’s radar is Ethereum competitor Avalanche (AVAX), which he says is poised for an enormous transfer after ending its corrective part.

“This must be the run to ATH, as sufficient longs are shaken out and all focus is again on SOL. I think $100 or 130% from right here must be pretty straightforward.”

Supply: Smart Contracter/Twitter

Subsequent up is Synthetix Community Token (SNX), a cryptocurrency that powers the buying and selling of artificial property. In response to Sensible Contracter, SNX is sort of completed with its accumulation part and is able to launch its uptrend.

“I additionally suppose SNX bottomed and going to ATH from right here clear ABC down on day by day from March highs. Clear 1-2 basing/accumulation construction would possibly want extra time to build up however decentralized finance (DeFi) ought to catch a bid within the subsequent few weeks.”

Supply: Smart Contracter/Twitter

The crypto analyst depends on the Elliott Wave principle, a technical evaluation strategy that predicts future value motion by following crowd psychology that manifests in waves. In response to the idea, a bull cycle goes by way of 5 distinct waves. Based mostly on Sensible Contracter’s five-wave rely, SNX can soar to as excessive as $35, representing an upside potential of over 230% from its present value of $10.50.


As for the crypto strategist’s backside picks, Sensible Contracter is keeping track of Curve (CRV), the governance token of stablecoin decentralized trade Curve Finance. In response to the crypto analyst, CRV is exhibiting indicators that’s prepared double its worth in opposition to the US greenback, Bitcoin and Ethereum.

“A variety of hate for DeFi proper now as a result of it has underperformed, however main weekly SFP (swing failure sample)/reversals forming on the BTC and ETH pairs for CRV.”

Supply: Smart Contracter/Twitter

The final coin on the dealer’s checklist is blockchain scaling answer Polygon (MATIC), which he says is primed to reverse its bearish pattern and climb as excessive as $2.50.

“Want decrease timeframes to substantiate however most likely, greater than seemingly, that was the underside.”

Supply: Smart Contracter/Twitter

Do not Miss a Beat – Subscribe to get crypto e-mail alerts delivered on to your inbox

Comply with us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

Check Latest News Headlines

Disclaimer: Opinions expressed at The Each day Hodl are usually not funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your personal threat, and any loses chances are you’ll incur are your accountability. The Each day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital property, neither is The Each day Hodl an funding advisor. Please notice that The Each day Hodl participates in online marketing.

Source link

Comments are closed.

Check Also

This week’s top ASX share versus top altcoin winner revealed

Picture supply: Getty Photos The All Ordinaries Index (ASX: XAO) is deep within the crimso…