After the Bitcoin halving event, the search for a direction in the crypto market continues. In this environment, analysts and experts are trying to find some clues by looking from a historical perspective or reading indicators. Popular market analyst Jason Pizzino also evaluated the post-halving landscape. The analyst explored the driving forces behind Bitcoin and cryptocurrencies in the current situation. In this context, the analyst also focused on leading altcoin competitors Solana (SOL) and Cardano (ADA Coin). As a result, although Pizzino was not hopeful for ADA Coin, he spoke positively about 4 altcoins.
Jason Pizzino: Not ADA Coin, look at these 4!
The analyst first looks at leading altcoin Ethereum rival Cardano (ADA Coin). Pizzino highlights the struggle to overcome resistance despite significant price declines. However, he notes that despite its significant decline, Cardano (ADA Coin) has not shown the same resilience as other altcoins on the list. After this, Jason Pizzino lists 4 altcoins that he thinks would be beneficial to have in the basket.
The top altcoin solana (LEFT)
The analyst finds Solana notable for its strong performance and technical indicators. Pizzino points out SOL’s above-average performance compared to other cryptocurrencies. In this regard, he emphasizes Solana’s position relative to Bitcoin. The analyst commends Solana for exhibiting higher swing lows and positioning above the 50% level and the 2022 and 2023 accumulation ranges. These factors, he notes, demonstrate strength and resilience in the face of market fluctuations.
We continue the list with Pendle (PENDLE)
Jason Pizzino sees promising signs of growth at Pendle after Solana. Similar to Solana, Pendle also exhibits higher swing lows, the analyst says. He also states that the altcoin is positioned above the 50% level and accumulation ranges on its chart against Bitcoin. According to the analyst, these indicators show that Pendle maintains its strength. It also means it is potentially poised for further upside.
Casper (CSPR) is also a suitable option for the basket!
Casper is a fairly new altcoin project. Despite this, the analyst says that Casper maintains its place amid market fluctuations. As a result, CSPR showed resilience, remaining above accumulation ranges and higher lows, despite being below the 50% level. The analyst notes that Casper’s ability to maintain its position despite facing challenges points to underlying strength. Meanwhile, CSPR was trading at $0.0327 at the time of writing, up 3.7% on a daily basis.
At the end of the list there is an artificial intelligence coi: Fetch.ai (FET)
The analyst treats Fetch.ai as an altcoin with strong fundamentals. However, he also notes that it may be subject to speculation. Looking at its technical picture, the analyst says that FET is showing signs of strength, including positioning above 50% levels, accumulation ranges, and swing lows. According to the analyst, these factors point to resilience and sustainable growth potential. Meanwhile, FET was trading 2.2% higher at $2.46 on its daily chart at the time of writing.
The opinions and predictions in the article belong to the analyst and are definitely not investment advice. cryptokoin.com We strongly recommend that you do your own research before investing.
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