Analyst Jason Pizzino, claiming that a few cryptos are poised to hit all-time highs altcoin announced his choices.
Digital asset analyst Jason Pizzino has revealed his favorite altcoin picks, claiming that a handful of altcoins have the potential to rise to new heights.
In an interview with YouTube channel Crypto Tips, Pizzino said that he is optimistic about DOT, the native presence of smart contract platform Polkadot. Having hit an all-time high of $49.35 in May, DOT is trading at $41.48 at the time of writing, 16 percent below its ATH, according to CoinGecko. pizza, polkadot‘Fame (DOT) predicts it will rise to $53.
Next on Trader’s list is ADA, the native token of smart contract platform Cardano:
“I think it will eventually reach an all-time high, but for now it still needs to end this trend and then break out.”
At the time of writing, according to data from CoinGecko Cardano (ADA)It is trading at $1.95, down more than 11 percent from the previous week.
The trader also offers Ethereum (ETH) scaling solution. polygon‘s native token MATICis also on the rise. At the time of writing, MATIC is trading at $1.86, up more than 20 percent from last week.
Pizzino says MATIC could be on its way to an all-time high. The asset’s current ATH is $2.62, which it reached in May.
Next in the list of analysts, indexing protocol The Graphlocal presence of GRT is located. According to Pizzino, the GRT is “finally starting to take action” by consistently performing higher lows.
At the time of writing, the cryptocurrency was trading at $0.93, up 6.6 percent from the previous week. According to Pizzino, traders looking for a “safer entry” should watch carefully to see if the crypto asset rises above $1.10.
The analyst also cites Aave, the lending and borrowing protocol, as one of his favourites. Pizzino doesn’t see the protocol’s native asset, AAVE, as a strong player yet, but says the altcoin may be in the early stages of making a big move.
AAVE, at the time of writing, has been stable over the past seven days, trading at $319. According to Pizzino, investors should keep an eye on the crypto asset to see if it can rise above $360.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.