A closely followed cryptocurrency analyst and trader has made some short-term predictions for a number of altcoins, including Cardano (ADA).
Anonymous trader known as Altcoin Sherpa stated that Cardano (ADA) still has some fuel in its tank for bullishness after the recent surge. According to the Trader, ADA should continue to run to its immediate resistance before selling.
Next up is the decentralized application (DApp) platform Near. Altcoin Sherpa says that after consolidating around $12, NEAR could see $16 with a 30% rally before targeting $20 later.
Another cryptocurrency on the analyst’s radar is privacy-focused Zcash (ZEC). Altcoin Sherpa said that ZEC is ready to continue its recent rallies strongly and will ultimately rally 25% above its current price ($204).
Finally speaking of ApeCoin, an altcoin created for the NFT community, the analyst said: