The cryptocurrency market started to shine in November. Leading cryptocurrency Bitcoin broke out of its squeezed range and anchored above $37,000. Some altcoins would show impressive performances that we have not seen in the long bear market. Amidst this positive atmosphere, rumors of ‘altcoin season’ are also increasing. A popular crypto analyst also says that alt season has arrived. In addition, he gives his targets for LINK and SOL, which have seen strong increases recently.
We are experiencing mini altcoin season!
cryptokoin.comAs you can see from , the market is shedding its dead soil. The long winter market seems to have given way to spring weather. Popular crypto analyst, nicknamed Altcoin Sherpa, shared his latest predictions to his followers on social media platform X. The analyst says some altcoins are bullish for the rest of November. In this context, the analyst makes the following statement:
We’re having a good mini subseason right now and I love seeing it. I predict we will see a slight calm in December and then a big rise again in January. ETH is likely to catch up with BTC and IMO (in my opinion) you should start scaling there.
SOL will continue to rise: The target is 75 dollars!
Solana has become the popular cryptocurrency of recent times. On a weekly basis, SOL is up over 40%. However, according to analysts, the rally will continue. Altcoin Sherpa says Ethereum (ETH) rival Solana (SOL) could rise 30% from its current value. In this regard, the analyst gives the following targets:
LEFT: Incredible moves! There is no sign of FTX supply hitting the market… yet. If the price remains above $50 on the one-week chart, there is no price movement between here and the next area, also known as $75. The rise in Solana will continue until it is seen otherwise.
Meanwhile, Solana was trading at $58.89 at the time of writing, up 9.82% in the last 24 hours.
Analyst: LINK will not stop until these levels!
The analyst next looks at the decentralized Blockchain oracle Chainlink (LINK). Altcoin Sherpa says it could rise more than 27% from its current value after rising 110% since October 15. The analyst explains his predictions for LINK as follows:
LINK: I honestly don’t think this will stop until $18-20. There may be a small decline after this. However, I’m still aiming much higher for this. Many of us could have bought LINK during the 500-day accumulation period and then held it and made more money from trading.
Meanwhile, LINK was trading at $16.29, up 6.5% in the last 24 hours. Besides, the altcoin is sitting on over 43% gains on its weekly chart.
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