A intently adopted crypto strategist believes one Ethereum (ETH) competitor is primed to print good points of greater than 2x this 12 months.
Pseudonymous analyst Altcoin Sherpa tells his 211,900 followers on the social media platform X that he thinks Solana (SOL) will see new all-time highs this 12 months.
However whereas the crypto strategist is long-term bullish on SOL, he expects the Ethereum rival to witness a pullback earlier than beginning a recent leg up.
“There’s going to most likely going to be a pullback someplace within the $200-$250s, however I don’t understand how deep it’s going to be.
Nonetheless bullish as hell on this one this cycle, it’s the perfect chain for retail (proof of memes). In all probability $500+ in 2024.”
At time of writing, SOL is value $187.90, down over 6% previously day.
Subsequent up, the dealer says that RSS3, a decentralized data processing protocol, seems to be buying and selling in a variety with an higher certain of $0.57 and a decrease certain of $0.40.
“Nonetheless an excellent sturdy coin, RSS3 is one I’m nonetheless invested in and have a bag. Ranging for now and I believe that this has been very sturdy amidst market volatility.”
RSS3 is buying and selling for $0.448 at time of writing, down 15.4% within the final 24 hours.
Lastly, the dealer says he’s bullish on Ondo Finance (ONDO), a challenge centered on tokenizing real-world belongings (RWAs) together with short-term bonds and US Treasuries.
“ONDO: purchase ONDO for monetary freedom round $0.43. One in every of my luggage for real-world belongings (RWA) this cycle, anticipating good issues for the long run.”
Ondo is buying and selling for $0.422 at time of writing, down greater than 12% within the final 24 hours.
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The put up Analyst Predicts Over 100% Rally for Ethereum Rival, Calls One Altcoin ‘Tremendous Robust’ Amid Crypto Volatility appeared first on The Each day Hodl.
