Altcoin Sherpa, one of the famous analysts of the cryptocurrency market, announced the critical levels for these altcoin projects in a recent Twitter post! These 2 altcoin projects may be on the rise soon! Here are the details…
Altcoin Sherpa has announced critical levels for popular altcoin Avalanche (AVAX)!
cryptocoin.com Popular crypto analyst Altcoin Sherpa, whose predictions we have previously quoted, announced critical levels for Ethereum rival Avalanche (AVAX) and Phantom (FTM) in a recent Twitter post.
In his statements to his more than 194 thousand Twitter followers, he commented on the alternative layer-1 protocol and Ethereum rival Avalanche (AVAX). According to the expert, the popular altcoin project may soon break the $22 resistance and push to new highs of $30. At the time of writing, AVAX is valued at $17.22. The analyst’s comment for the AVAX price is as follows:
This time the pressure on AVAX seems extremely strong. I think he will take another step soon. The 200-day EMA for AVAX initially (normally) acted as a resistance, but I think it will break $22 strongly soon.
Phantom (FTM) may be on the rise soon!
On the other hand, popular analyst Sherpa made comments for the popular altcoin project Fantom (FTM), which has risen over 135 percent since the beginning of 2023. The crypto analyst, who is generally positive for Phantom, recently predicted a rally for FTM. According to the analyst, FTM may be preparing for a new rally.
Phantom (FTM) still looks pretty strong overall. Maybe some kind of low is forming here and it will go up once again.
On the chart he shared with leading analyst comments, he identified the $0.60 level for the next level of resistance. However, momentarily, FTM is trading at $0.43. He suggests that if his analyst forecasts come true, FTM will quickly move higher.
The popular analyst pointed to a pullback for Bitcoin (BTC) while commenting on the overall cryptocurrency market!
As you know, Altcoin Sherpa, one of the leading crypto money analysts in the crypto money market, has been transmitting his predictions on Twitter for many years. However, the analyst, who became famous for his comments on the altcoin market, also made comments for Bitcoin. The analyst stated that the leading cryptocurrency Bitcoin (BTC) is probably preparing for a pullback and suggested that the $25,000 level will likely be lost.
The leading cryptocurrency analyst stated that Bitcoin (BTC) bulls will start to accumulate by buying the leading cryptocurrency from the drop as BTC falls below the $24,000 levels. According to the expert, it is extremely important to wait for these levels for Bitcoin. Instantly, BTC is trading at $ 28,418.29.
On the other hand, the total value of the crypto money market fell after the rises it experienced in the last 24 hours and decreased by 0.3 percent to $ 1.23 trillion. Meanwhile, while many altcoins are on the rise, the most striking project among the projects that have experienced the highest rise in the last 24 hours was Shiba Inu (SHIB), with a 5% rise.
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