While Bitcoin maintains its strong stance above $ 60,000, the wait in altcoins continues. In this period when Bitcoin is preparing for its price discovery, investors preparing for the altcoin rally are looking for cryptocurrencies that will have the highest profit margin.
Cryptocurrency analyst Josh Moden, who has 205 thousand subscribers on Youtube, shared 4 altcoins that they can buy with their followers.
First on the analyst’s list, the next generation video sharing platform Verasity (VRA) is located.
At the moment, the analyst thinks that the VRA offers a buying opportunity, but it will fall between $ 0.05 and $ 0.06, and in this context, it would be advantageous to wait for these levels. Moden predicts that VRA will then rise to $0.08 to $0.09.
2nd in analyst’s list Thorchain (RUNE) exists.
RUNE, a decentralized liquidity protocol that allows users to easily exchange crypto assets between various networks, continues to trade at around $12.8.
The analyst stated that the initial target is $17 after RUNE’s current $12 level in the $3-17 price range is a good place to buy.
“Most likely we will go above $13-14, then drop a little. Then we’ll go up to $17-$18. This could be the start of an all-time high. I think it will eventually reach $50 and it’s a very, very good project.”
3rd in the list of analysts to Cardano (ADA) gave place.
Moden said that ADA, which is trading at around $2, has broken above the wedge pattern.
Noting that this breakout means good for ADA to hit its $2.65 target, Moden said $2 is a good buying zone to stock up on ADA.
#4 on analyst’s list Ripple (XRP) exists.
After saying that $1.14 is a good buy zone to stock up on XRP, Moden stated that if XRP manages to break the $1.36 resistance level, the first target is $1.55 and the second target is $1.64.
*Not investment advice.