A crypto strategist closely followed by the crypto community, a couple altcoin predicts strong rallies for his project.
Crypto analyst nicknamed Altcoin Sherpa, smart contract platform to 170,000 Twitter followers of Algorand (ALGO) He said he expects it to rise almost 60% from its current value of $0.81.
“ALGO seems to be doing well so far and continues to move away from this support area.”
While altcoin Sherpa is in a short-term uptrend in ALGO, Ethereum expects its rival to continue its downtrend after hitting its $1.29 target.
Second on the analyst’s list is the new Ethereum-based NFT marketplace, which Altcoin Sherpa says is in the process of bottoming out. LookRare (RARE) exists.
“Still in this position, A&E [Adam & Eve] reversalI’m waiting for it to happen. I’ll probably be out of this at $3. 200 EMA [üstel hareketli ortalama] Acting as 4-hour resistance; I think $1.80 before you buy this [desteklemek için] It’s probably best to wait and see if it can be translated.”
At the time of writing, LOOKS is trading at $1.80.
Crypto strategist, leading smart contract platform Ethereum (ETH) It also tracks price action. According to altcoin Sherpa, ETH still looks bearish on higher timeframes after setting lower highs repeatedly. However, the analyst says he will change his stance if Ethereum manages to conquer a key resistance area.
“The thing that will allow me to change my mind for Ethereum is whether this $3,050 level will be broken. At this point, you have a higher high argument to be followed by higher lows… All in all, if this $3,300 area actually breaks, this is [ETH] It’s really powerful because at that point it’s clear ahead. [büyük resimde] You will have higher lows and higher highs.”
You can check the price movements here.
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