Crypto analyst David says STG price has a 38 percent upside potential. The analyst nicknamed Bluntz expects a strong run for Solana and Sei. We have compiled analysts’ predictions for these 3 altcoins for our readers.
STG price prediction: Altcoin broke long-term resistance, what’s next?
Stargate Finance (STG) has been trading below the key $0.71 resistance zone since May 2023. After being rejected by this zone four times (red hammers), it finally broke above the resistance zone last week. The breakout formed a large bullish Pin bar candle with a very long lower shadow (green arrow) confirming the validity of the breakout. This breakout indicates that the long-term downtrend has ended and a new uptrend has begun. That’s why it’s so important for the altcoin.
The weekly RSI (Relative Strength Index) is above 50 and sloping upwards. This shows that the bulls have taken control of the market. Therefore, it is possible for STG price to rise to the long-term resistance zone at $1.15. This means an increase of 38.48% from its current price.
The most likely expectation is that the STG price will continue to rise in the near future. The nearest target is $0.94 and further upside is $1.15.
SOL price prediction: ‘The floodgates are open!’ for the altcoin
cryptokoin.comAs you follow from , Solana (SOL) has increased 10 times since September. The analyst nicknamed Bluntz says Solana has much more upside potential. In this context, the analyst said, “SOL vertical accumulation has ended. The flood gates were opened and the channel was broken. An all-time high is in sight.” says.
Based on its chart, the analyst suggests that Solana’s upside momentum is strengthening following a breakout from an ascending channel. Solana was trading at $184.66 at the time of writing, up more than 1% in the last 24 hours. The altcoin reached an all-time high of $259.96 in November 2021.
The analyst also says that another big reason for continued bullishness in Solana is its outperformance against both Bitcoin (SOL/BTC) and Ethereum (SOL/ETH). In this regard, the analyst said, “SOL/BTC and SOL/ETH have already reached new peaks. There is no second best.” says.
SEI price prediction: Token is on its way to $1.60!
Bluntz says the layer-1 blockchain’s native token, Sei (SEI), is on the verge of breaking as high as $1.60 in a five-wave pattern. In this context, the analyst said, “SEI is on a slow burn this week. But I think he’s finally ready. “I think the next impulse is about to begin.” says.
Meanwhile, Sei was trading at $0.9024 at the time of writing, up 0.48% over the past 24 hours. The altcoin lost 2.43% on its weekly chart.
The predictions in the article belong to the analysts and are definitely not investment advice. We strongly recommend that you do your own research before investing.
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