A popular crypto strategist, smart contract protocol wither (SOL) and virtual reality platform Decentraland He announced that he expects a short-term rally for three altcoins, including (MANA).
Koinfinans.com As we reported, the analyst, known by the alias Cantering Clark, told his 141,400 Twitter followers that Solana had recently broken the cross-resistance and successfully retested that level as support.
Still waiting on $LEFT to rip to the sol.
Starting to push against BTC right now. pic.twitter.com/NUBmsQ19cm
— Clark (@CanteringClark) July 30, 2022
According to the crypto strategist, a move above $45 for the SOL could open the door for a rally to the $60 level. At the time of writing, Solana is trading at $43.01.
The next altcoin on Trader’s radar is Decentraland. Cantering Clark says MANA is poised to break above $1.03 resistance. told.
“If we can push a little harder, the new peak of the last 30 days is coming. […] If MANA can close towards the blue level, it should open up a bit.”
According to the analyst’s chart, a move above $1.03 could bring MANA to the $1.33 target. At the time of writing, MANA is trading at $0.98.
The last altcoin on the investor’s radar, Frax Share (FXS). Cantering Clark predicts that FXS will have a clear bullish structure after turning the $6 resistance to support.
“The market seems to be ready to play a fast-paced round with altcoins.
Possible mini-alt season imminent?
FXS has a very clear setup. I was waiting for this for the rally to start. I think it will happen very soon.
2x is pretty easy from here.”
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.