Crypto Analyst Predicts Low-Cap Altcoin Will Hit New All-Time High Soon, Updates Outlook on Solana and Fetch.ai
A widely followed crypto analyst and trader is turning bullish on one privacy-focused low-cap altcoin project.
The analyst pseudonymously known as Altcoin Sherpa tells his 206,200 followers on the social media platform X that crypto project Manta Network (MANTA) may be in an uptrend after flipping a key resistance level at $2.77 into support.
âMANTA: all-time high soon. New launched coins + narrative = strong candidates to actually be ok in this current market
MANTA is trading for $2.97 at time of writing, down more than 8% in the last 24 hours.
Next up, the trader predicts Ethereum (ETH) competitor Solana (SOL) may retest lower Fibonacci retracement levels before rallying again.
âSOL: I think that DCAing (dollar cost averaging) in at the .382 ($84.67) and .50 ($71.81) are both good options for long-term holds for Solana. Not expecting things to ram
