Cryptocurrency analyst and trader with a large following says he is bullish on three digital assets, including Bitcoin (BTC) and a rival to a promising leading altcoin Ethereum (ETH).
Analyst looks at leading crypto first
Trader and analyst, nicknamed Altcoin Sherpa, whose analysis we have included in the news of Kriptokoin.com, starting with the leading crypto Bitcoin, 173,800 Twitter followers, the leading cryptocurrency higher He says he believes BTC will rise close to 40% as it continues to show a bullish market structure over the time frame. The analyst explains his views as follows:
BTC: I still think that Bitcoin has bottomed out and we will see a move to around $55,000. Altcoins are likely to follow. Technically there is still a bullish market structure (with higher highs and higher lows) on a higher timeframe.
Source: Altcoin Sherpa / Twitter According to ConMarketCap data, leading crypto Bitcoin (BTC) is trading at $39,723 at the time of writing, 43% off its all-time high of around $69k. exists.
Altcoin projects that will explode in the coming weeks
Next up is Near Protocol (NEAR), a developer-focused blockchain designed for scalability and stability. Altcoin Sherpa believes that the competitor to the leading altcoin Ethereum will break its all-time high in the coming weeks, saying:
“NEAR: I’m still in it and I think we’re going to break the all-time high in the next few weeks.’
Source: Altcoin Sherpa / Twitter NEAR is changing hands for $15.60 at press time, according to ConMarketCap data.
Altcoin Sherpa also closely monitors the FTX cryptocurrency exchange’s utility token, the FTX Token (FTT). The crypto trader states that FTT has ‘solid’ upside potential after months of wide range trading, adding:
FTT: No matter how much I dislike this coin, it’s been chopped and compressed as hell for five months. case. I think it looks pretty solid as a slower trade (so here you just average cost dollars and sell in a few weeks).
Source: Altcoin Sherpa / Twitter According to ConMarketCap data, FTX Token is trading at $41.38 at the time of writing.
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