Twitter analyst nicknamed Altcoin Sherpa predicts strong rallies for three Ethereum (ETH) competitors and one undervalued altcoin.
Altcoin Sherpa shared that it expects “super bull” for 4 altcoins
Altcoin Sherpa, whose analysis we share as Kriptokoin.com, has 171,400 Twitter followers on Ethereum competitor and smart contract platform Near (NEAR). He says he saw a rise. According to the analyst, NEAR reached its initial target of $16, but continues to follow it as it believes the price will likely reach $20.
Next up is high-performance Blockchain Solana (SOL), which Altcoin Sherpa predicts will rise in the coming weeks. Analyst interprets the following technical chart:
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 around $135 at the time of writing. Outperforming LUNA in terms of market value, SOL reached $143.02 in April with an independent momentum from the market.
Avalanche (AVAX) bulls target $115
Another cryptocurrency on the analyst’s watchlist is Ethereum rival Avalanche (AVAX). According to altcoin Sherpa, we could see AVAX rally in the coming weeks as we follow in Solana’s footsteps. Sherpa sets $115 for the next critical resistance:
AVAX: While SOL is doing really well, what do you think AVAX is doing? I think we see this going for $115.
Avalanche (AVAX) is trading just under $100 at the time of writing. Finally, Sherpa, who took a look at cross-chain DeFi platform Alpha Finance Labs’ cryptocurrency Alpha (ALPHA), says the recent surge in ALPHA’s volume indicates that the altcoin is poised for a boom:
Maybe DeFi 1.0 spikes hard here. Now comes an incredible amount of volume. A low target of $0.80 before the run ends (and possibly higher).
Cross-chain DeFi platform that works with a variety of different Blockchains, including Alpha, Binance Smart Chain (BSC) and Ethereum, ranked last on Sherpa’s list. At the time of writing, the ATH price is trading at an 80% discount at $2.92.
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