The bitcoin and altcoin market experienced a sharp sell-off on August 19. Thus, it led technical analysts to predict a possible drop to new year lows. However, according to some analysts, the current environment offers ideal opportunities. JrKripto, Paradotor and Erhan Ünal evaluate trading levels with examples such as MBOX and NWC.
Here are the altcoins that popular analysts expect to rise
JrKripto’s latest tweets reveal opportunities in the decline. Analyst with 184,000 followers says current prices for DXGM and NWC are “cheap”. In the following tweet on August 19, JrKripto said the following about these cryptocurrencies:
Like many other analysts, JrKripto remains optimistic over the long term. The analyst tells his followers that DXGM and NWC are currently trading at levels suitable for buying. In an additional tweet on August 19, he wrote:
Another altcoin on the analyst’s radar was LOVELY. Lovely Inu coin is a DeFi coin that has been trending on Twitter recently. Act 2 of the ascension begins for LOVELY, according to JrKripto:
Ideal time for JAMY, MBOX and OLAND
Popular Twitter analyst Paradotor included JAMY, MBOX and OLAND tokens in their latest analysis. As you follow on Kriptokoin.com, the analyst talks about the possibility of falling to $ 13,000 if the BTC price does not retrace $25,000. However, with BTC losing over 10% since last week, Paradotor says these 3 altcoins are falling into ideal buying zones.
The analyst tells his money-hungry followers that JASMY, MBOX, and OLAND are at decent levels. Meanwhile, he talks about the increasing trading volume of the MBOX token.
Erhen Unal
Another popular Twitter analyst, Erhan Ünal, focused on fund tokens. The analyst talks about the performance of fan tokens against BTC.
Meanwhile, fund tokens will not see any further declines, according to Erhan Ünal. Analyst says current levels are bottom.