A popular cryptocurrency analyst and trader predicts strong rallies in three Ethereum (ETH) competitors and one undervalued altcoin.
Anonymous crypto analyst Altcoin Sherpa says it is “super bullish” on Ethereum rival and smart contract platform Near (NEAR). According to the crypto strategist, NEAR kept its initial target at $16, but believes the altcoin will likely hit $20.
“NEAR: Although I’ve had the plan for weeks, I’ve decided not to sell it for less than $16. The HODL is a little longer for higher targets.”
Next up is Solana (SOL), which Altcoin Sherpa predicts will rise in the coming weeks.
“LEFT: I still feel strongly that this is going to $150-200 before its run ends. The next few weeks should be bullish for that.”
Solana is trading at $139 at the time of writing.
Another cryptocurrency on the Trader’s watchlist is fellow Ethereum competitor Avalanche (AVAX). According to altcoin Sherpa, it could rally in the coming weeks, following in Solana’s footsteps.
“AVAX: While SOL is doing really well, what do you think AVAX is doing? I think we see this going for $115. ”
At the time of writing, Avalanche was trading at $98.
The last cryptocurrency on the investor’s list is Alpha (ALPHA), the governance, utility and working token of Alpha Finance Labs, a cross-chain decentralized finance (DeFi) platform.
Altcoin Sherpa says that the recent increase in ALPHA’s volume indicates that the altcoin is ready to explode.
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