The analyst, known under the pseudonym Altcoin Sherpa, recently announced in February 2023. altcoin He published his predictions. Analyst; Next levels for BTC, SOL, AVAX and GMT argued.
Bitcoin (BTC)
Altcoin Sherpa remains bullish on Bitcoin as it stays within its current range. Based on his analysis, he is of the opinion that up to $30,000 is possible. However, he underlined that the last January rally did not necessarily indicate a bull market. The analyst also warns that BTC has not yet reached the bottom.
The Controversial Name of the Altcoin World Solana (SOL)
Leading altcoin according to analyst wither It is heading towards the $30 zone. If BTC continues to rise, it is possible to reach mid-$30. He also underlined that the future of SOL is uncertain and its value is tied to the FTX/Alameda exchange.
Price Jumps: Meme Rises After Coin Listing News!
$LEFT: #fading has done well and it should go to the mid $30s if $BTC hold up. I’m not sure what the longterm future for this coin is, FTX/Alameda had a big bag of it iirc and who knows how that’ll get liquidated. The culture of this chain is still good though. https://t.co/ZpEcFlZdIX pic.twitter.com/73VZIs0MUB
NEWS CONTINUES BELOW— Altcoin Sherpa (@AltcoinSherpa) January 31, 2023
Altcoin Sherpa Warns of Avalanche
The analyst predicts that AVAX will decline to $17, down more than 20% from its current value of $21.48. He noted that the pullback was due to pressure from the 200-day exponential moving average (EMA) and certain support and resistance levels.
STEPN (GMT)
Finally, the analyst predicts that STEPN has bottomed and will rise 38% from its current value of $0.57 to $0.79. He is of the opinion that if BTC stays stable, GMT will drop low around its current value and rise to $0.79.