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A popular crypto strategist says Litecoin (LTC), Apecoin (APE) and SushiSwap (SUSHI) look poised to counter a bear market.
Pseudonym Analyst Altcoin Sherpa To tell His 184,700 Twitter followers say three digital assets are the most likely to show an upward price move.
Best Current Coins to Go Long Short Term IMO [in my opinion]: APE, SUSHI, LTC.”
Sherpa Shifts to Binance Coin (BNB), a Cryptocurrency Issued by Giant Global Cryptocurrency Exchange May Larry too.
“Mega EMA [exponential moving average] 4 hours of support around here.i think this is a decent area for long tbh [to be honest] But I don’t see a ton of s/r [support/resistance] support. That said, it’s still a good one to consider for long-term play.
Altcoin Sherpa also provides a market update for Bitcoin (BTC) in a new strategy session video.
he To tell After falling sharply from the $21,000 price level when the FTX cryptocurrency exchange crashed in early November, Bitcoin’s price is likely to rise again early next month.
8:45: I believe some of this inefficiency moving from $21,000 to $15,000 should be made up for in priceI wouldnt necessarily say it would be $20,000, but it would probably be around $18,000. And potentially new lows, and we don’t know where the new lows will go.”
At the time of writing, Bitcoin is trading at $16,833.
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Featured image: Shutterstock/Yueh Chiang/mbezvodinskikh
