Prices in the crypto money market have dropped quite a bit lately. Some analysts suggest that the bottom has not yet been found, while others think it’s time to accumulate. Claiming that the current market offers a buying opportunity, two analysts shared their favorite altcoin projects. Accordingly, some altcoins have 40x potential. Here are 14 cryptocurrencies that are expected to skyrocket in any market recovery.
Paradotor: “This altcoin will do 40x”
The crypto analyst, nicknamed Paradator, who has close to 725 thousand followers on Twitter, announced the altcoins that he expects to rise. Accordingly, the analyst predicted that the Holo (HOT) coin will gain 40 times in value by the end of the year. However, he suggests that the SXP will increase by 20x, the REEF by 25x, and the SNX by 15x. Continuing his predictions, the analyst also draws attention to other projects. He claims DYDX will gain 20x and JASMY 25x.
Finally, he points out that MBOX will increase by 20x, DF by 10x, CSPR by 20x, LOOKS by 30x and NWC by 30x. Referring to AUTO coin, the analyst shares with his followers that the altcoin project will do 20x. He states that all these will happen by the end of the year and that the recovery will begin in the summer months. However, he adds that the rise he expects in altcoins is due to the rise in BTC price:
“When Bitcoin hits the 84K-89K range, I think 80% of the targets will come. I’m making the whole plan according to this time. I think the movement will come by the beginning of the year. There will be a big recovery in the summer.”
Michael van de Poppe: “There are good moves in these 3 altcoins”
Popular crypto analyst Michaël van de Poppe has revealed his thoughts on three popular altcoins. As cryptokoin.com reported, leading altcoin Ethereum recovered from monthly lows of under $1,000 on June 18 and 19. The analyst stated to his 613,800 Twitter followers that ETH seems to have good momentum after this recovery. After that, he switched to his other favorite cryptocurrency: Phantom (FTM). Accordingly, Poppe draws attention to the altcoin’s price action in the lower timeframe (LTF). He sees this move as an indication of whether the FTM correction is over:
I do not mean that the correction is over. But this is one of those areas where I would definitely want a comeback to deliver the sustainability that should aim for a new high.”
Finally, referring to XRP, the analyst has very positive comments. Poppe says many altcoin projects are consolidating after the breakout last week. However, he predicts XRP will retrace from Friday’s high of $0.38 to $0.34. He also points out that this level is a potential launch pad on price:
“Everyone always talks a lot about the moves of a market. At this point, many altcoins are just following consolidation, after the breakout late last week. There is a good retest here at Ripple. It would potentially be my domain for a long time.”
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