Crypto Analyst Predicts New All-Time Highs For Solana And Two Altcoins, Says Bottom Is At 2 Other Crypto Assets

  Pseudonymous dealer Smart Contracter predicts that sensible contract platform Solana is gearing up for an additional explosive worth surge en path to a brand new all-time excessive.

Source: Smart Contracter/Twitter

“SOL all-time excessive (ATH) child let’s go. $300 developing.”

Smart Contracter’s prediction relies on his evaluation that Solana will observe the footsteps of Binance Coin when it rallied from about $50 at first of the yr to an all-time excessive of $691.

“If SOL follows the run BNB had, it might probably go to $900.”

Source: Smart Contracter/Twitter

Another coin on the dealer’s radar is Ethereum competitor Avalanche (AVAX), which he says is poised for an enormous transfer after ending its corrective part.

Source: Smart Contracter/Twitter

“This ought to be the run to ATH, as sufficient longs are shaken out and all focus is again on SOL. I think $100 or 130% from right here ought to be pretty simple.”

Next up is Synthetix Network Token (SNX), a cryptocurrency that powers the buying and selling of artificial belongings. According to Smart Contracter, SNX is almost performed with its accumulation part and is able to launch its uptrend.

“I additionally suppose SNX bottomed and going to ATH from right here clear ABC down on day by day from March highs. Clear 1-2 basing/accumulation construction may want extra time to build up however decentralized finance (DeFi) ought to catch a bid within the subsequent few weeks.”

Source: Smart Contracter/Twitter

The crypto analyst depends on the Elliott Wave concept, a technical evaluation method that predicts future worth motion by following crowd psychology that manifests in waves. According to the speculation, a bull cycle goes by 5 distinct waves. Based on Smart Contracter’s five-wave depend, SNX can soar to as excessive as $35, representing an upside potential of over 230% from its present worth of $10.50.

 

As for the crypto strategist’s backside picks, Smart Contracter is keeping track of Curve (CRV), the governance token of stablecoin decentralized alternate Curve Finance. According to the crypto analyst, CRV is displaying indicators that’s prepared double its worth in opposition to the US greenback, Bitcoin and Ethereum.

Source: Smart Contracter/Twitter

“Loads of hate for DeFi proper now as a result of it has underperformed, however main weekly SFP (swing failure sample)/reversals forming on the BTC and ETH pairs for CRV.”

“Need decrease timeframes to verify however in all probability, greater than doubtless, that was the underside.”

The final coin on the dealer’s record is blockchain scaling resolution Polygon (MATIC), which he says is primed to reverse its bearish pattern and climb as excessive as $2.50.

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