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A popular cryptocurrency strategist says three altcoins, including smart contract protocol Solana (SOL) and virtual reality platform Decentraland (MANA), see blue skies in the near term.
Pseudonym Analyst Cantering Clark To tell His 141,400 Twitter followers show that he is bullish on Ethereum (ETH) competitor Solana.
“Still waiting for SOL to rip to Sol.”
SOL Moves Above $45, According To Crypto Strategist open Door to rally to $60. As of this writing, Solana is changing owners on her $42.83.
The next coin that caught the eye of traders is Decentraland. Cantering Clark said MANA is preparing to break out of the immediate resistance at $1.03.
If we can push a little bit more, we have a new 30-day high.
Crypto loves cooked and coiled up breakout deals. If MANA can pass blue, it should be blue sky for a while.
Based on analyst charts, above $1.03, MANA will rise nearly 30% to Cantering Clark’s target of $1.33. As of this writing, MANA is trading hands at $0.98.
The last coin on Trader’s Radar is Frax Share (FXS), one of the two tokens of the Frax protocol. Cantering Clark says FXS has a clean bullish setup after he took resistance at $6 and turned it into support.
“The market looks like it’s about to start a merry-go-round on Alto.
Perhaps we have a mini alto season?
FXS is set up very nicely. I was waiting for this now to start running. I think it’s too early.
Easily double from here.
Looking at Cantering Clark’s chart, the double move suggests a price target of around $12.64. FXS is trading at his $7.36 at the time of writing.
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Featured image: Shutterstock/klyaksun
