The crypto world is known as an ever-changing and dynamic environment. This volatility drives investors to constantly keep their finger on the pulse of the market and identify promising opportunities. Recently, a notable crypto strategist noted that an altcoin on his radar is entering a notable uptrend.
The person who shared his analysis is an analyst known as Altcoin Sherpa. Sherpa claims that the altcoin called Mavia, which he follows extremely carefully, is gaining strong momentum towards its all-time high. While evaluating the potential of MAVIA (MAVIA), the analyst believes that the current trend of the altcoin may offer significant opportunities to investors in the coming period.
According to Sherpa’s analysis, MAVIA’s current situation is quite remarkable. “MAVIA stands out as one of the best trades right now, and dips present good buying opportunities,” Sherpa said. He emphasizes that the value of the altcoin still has the potential to increase.
According to the analyst, MAVIA’s journey appears to be far from over. “I still think it will reach the highest levels in the next week(s),” Sherpa said. sayingstates that the altcoin still has growth potential and investors can evaluate this potential.
At the time of writing, MAVIA is trading at $8.67, down nearly 18% from its all-time high of $10.59 reached last month.
Another altcoin on the analyst’s radar is the artificial intelligence-based Render (RNDR) project. According to altcoin Sherpa, RNDR will see further rallies this year even if it witnesses a brief corrective move.
“RNDR: I would love to see this pull back below $10. “I still think it will reach big numbers in 2024.”
Another cryptocurrency on Altcoin Sherpa’s list is Illivium (ILV), also a gaming altcoin. The analyst points out that the team behind Illuvium continues to develop the game even after the massive price drop in the last bear market.
“Other cryptocurrencies that look good are ones like ILV. It still has 10x to go before it hits a new all-time high. Finding these dead games with teams still in development + more refined products = possibly small spot investments might be good to jump on the bandwagon.”
You can follow the current price movement here.
