Altcoin Sherpa is making predictions on smart contract platform Avalanche and three other altcoins. Also, Altcoin Sherpa notes that Avalanche (AVAX) is ready to continue spiking towards $130.
“Decent volume coming in overall. The 4-hour market structure is still bearish though…”
“This is still a big bag for me. I’ll probably derisk a little at $130.”
So, Altcoin Sherpa says.
Currently, AVAX is trading at 107.89, indicating over 42% increase from $75.63.
Furthermore, Altcoin Sherpa mentions the interoperable blockchain Polkadot (DOT). Then, says Polkadot is in position to hit $35 before continuing its downtrend.
“$24 better continue to hold or this thing is going to goblin town…”
“I still think it will and I think that it eventually makes some sort of lower high.”
Additionally, Altcoin Sherpa mentions Fantom (FTM), a network of custom blockchains targeting to power smart cities. So, the analysts confirm that FTM is ready to rally to $2.80.
“Solid swing trade entry right here. I’m personally waiting for some other coins/trades…”
“Lots of confluence in this area though.”
More so, Altcoin Sherpa mentions Curve (CRV), the governance token of stablecoin-focused decentralized exchange Curve Finance. Then, he states that CRV is ready to hit as high as $6.39.
“One of the few strong ETH DeFi (decentralized finance) coins,..”
“I think this one looks pretty solid. That said,…”
“resistance is incoming, wait for a break of that first in my opinion.”
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