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A high-profile cryptocurrency trader updates his outlook on the top two digital assets, altcoins and a smart contract platform hailed as the ‘Solana killer’.
Pseudonymous Crypto Analyst Altcoin Sherpa To tell His 185,600 Twitter followers said they would be worried if the king of cryptocurrencies, Bitcoin (BTC), fell below a certain level.
BTC: I personally don’t want to see $21,000 real estate lost. [Fibonacci chart] It charts well, to be honest, but it might rather go from impulse.
Bitcoin is trading at $20,385 at the time of writing.
next analyst point It states on the ETH/BTC chart that it is the leading indicator of the overall health of the altcoin market. He expects a slow rise towards the .0823 level in the medium term.
ETH/BTC is usually a good indicator of the overall altcoin market and still looks pretty good. We expect this to hit the .0823 area in the medium term.
According to the chart, ETH/BTC is currently at 0.775. Altcoin Sherpa next picks up decentralized application (DApp) platform and Ethereum (ETH) challenger Near Protocol (NEAR), altcoin’s chart may look terrible, but the asset’s price could says there is. bounce, bounce in the short term.
NEAR: It sounds like shit, but if you want to bounce, this area is fine. Some sort of double bottom would be interesting for bigger moves, but I’m still skeptical about it.
NEAR is trading at $2.99 at the time of writing, down 2.7% on the day.
trader Conclusion Smart contract platform Solana (SOL) rival Aptos (APT) will outperform as long as BTC remains bullish, he said.
APT: We are still in this position from $7 and we will keep this position for the time being. increase.”
APT is valued at $8.86 at the time of writing, down 2.2% over the last 24 hours.
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