Popular crypto analyst Altcoin Sherpa, shared a prediction that excited investors. According to analyst Litecoin (LTC) and two other altcoins are challenging bear markets. This challenge has the potential to trigger a strong rally as a result.
Altcoin Sherpa posted on his Twitter account. in sharing made a bullish forecast for three altcoins. According to the analyst, these altcoins are the names that will remain the strongest in the short term.
“I think there are three assets that will stay bullish in the short term. These are APE, SUSHI and LTC.”
Although the analyst did not share details, he stated that he also had estimates for LINK and BAND.
best current coins to long in the short term IMO:$APE$SUSHI$LTC
Potential narrative coming:$LINK $BAND and other oracles
*These are for active trades, not any sort of buy and hold / passive strategy* pic.twitter.com/5ZLB4WJ1i5
— Altcoin Sherpa (@AltcoinSherpa) November 28, 2022
The analyst stated that the list is quite fluffy, and Binance’s governance token Binance Coin He also made predictions for (BNB). According to altcoin Sherpa, BNB is also strong enough to be included in the list of rallying altcoins.
“Mega EMA [üssel hareketli ortalama] support is around 4 hours. I think this place is on the upswing. Located in a good area but too much s/r [destek/direnç] I don’t see support. Still, it’s a good place to consider for a long-term investment.”
Koinfinans.com As we have reported, who also published a video on the YouTube channel. Altcoins Sherpa also shared his views on Bitcoin.
He believes that the price of Bitcoin will bounce back early next month after its rapid decline from the $21,000 price level in early November when the FTX crypto exchange crashed.
“I believe the price should fill some of this unproductive move from $21,000 to $15,000… I’m not saying it’s necessarily going to $20,000, but maybe it’s going to $18,000 or closer. And then potentially new bottoms. I don’t know where the new bottoms will go.”
At the time of this writing, Bitcoin was trading at $16,833.
You can follow the current price action here.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.