2 closely followed analysts shared their technical analysis for Solana (SOL), Fantom (FTM), Ethereum (ETH) and Near (NEAR). Altcoin analysts identify critical levels that can be followed in a possible rally run. Here are the details…
Analyst shared $700 expectations for Solana (SOL)
In a new YouTube post, the host of financial education channel InvestAnswers charted the route for Solana (SOL) for the next six months. The analyst also shares his price predictions to his SOL analysis:
I’m pretty sure we’re going to see $400 or $450. If the market goes crazy, it could go as high as $700…I expect a lot of activity in the next quarter or two until June.
The analyst also identifies entry points for the leading smart contract platform Ethereum (ETH):
Choose bottom levels. I think $3,500 is a great price in Ethereum. We dropped $3,500 on Dec 29…This is where I believe Ethereum is an extremely good value because it will potentially increase 3x over the next year, especially when it gets very deflationary with the launch of ETH 2.0.
- Ethereum 2.0, also known as Serenity, is an upcoming upgrade focused on increasing the speed and scalability of the network.
Cantering Clark shared 2 altcoin projects on his radar
cryptocoin.com Cantering Clark, whose analysis we share with you, says that the price action of FTM looks extra strong as it was at the control point last month:
Daily transition. It is currently trading on the previous month’s VWAP (volume weighted average price) and POC (checkpoint).
Cantering Clark shares another altcoin project that he has been following closely recently. According to the analyst, Near is poised to make big gains and is ready to place a buy order almost 30% below its current price of $17.00 to catch the rallies.
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