Popular cryptocurrency analyst and investor Jason Pizzino shared his predictions and critical points for 3 altcoin projects, which he described as promising. According to the analyst, the 3 altcoins on his list are laying the groundwork for the price rise. We convey the details and analyst opinions of Kriptokoin.com.
This altcoin shows a promising trend for its long-term investors
Famous cryptocurrency analyst Pizzino told 263,000 YouTube subscribers that despite the bad news that Ripple (XRP) has faced, it has been nearly a year. He says he is preparing to rise to higher levels. The US Securities and Exchange Commission sued Ripple Labs in December 2020, alleging that the payments network was selling XRP as an unregistered security. It is claimed that the case, which has been going on for approximately 2.5 years, has come to an end.
Although Ripple faces many negative situations such as litigation processes, Pizzino states that XRP may also receive support from lower levels, and for the altcoin, “the trend is still very uncertain, but bullish. He is trying to gain some short-term ground for his side.” Analyst Jason Pizzino thinks XRP is showing a promising trend for long-term investors.
Solana should reclaim $110 sooner or later
Pizzino also noted that Ethereum challenger Solana (SOL) dropped to lows after the last relief rally, then tried to hold above the downtrend. says. Analyst Pizzino added that SOL should reclaim $110 “sooner or later” and continued:
The good news right now is that Solana has been standing for the past few days and is at a higher low and It is holding above the downtrend. That’s exactly what we’ve been waiting for, because eventually the downtrend should reverse and bring some kind of energy back to the market as it fell very heavily from November’s highs.
Pizzino also estimates that Ethereum (ETH) is poised for a “reasonably short-term drop.” He also notes that the $3,180 level will be a “critical” price point for Ethereum to recover in the short term before it moves up again.
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