Two closely followed analysts shared their technical analysis for Solana (SOL), Fantom (FTM), Ethereum (ETH) and Near (NEAR). The altcoin analisdollar series determines critical levels that can be followed in a possible rally run. Here are the details…
Analyst shared $700 expectations for Solana (SOL)
In a new Youtube broadcast, financial education channel InvestAnswers host, Solana (SOL)’s next six He charted his monthly route. The analyst also shares his price predictions for his SOL analysis:
I’m pretty sure we’ll see $400 or $450. If the market goes crazy, it could go as high as $700…I expect a lot of activity in the next quarter or two until June.
The analyst also identifies entry points for leading smart contract platform Ethereum (ETH):
Choose bottoms. I think $3,500 is a great price in Ethereum. We dropped $3,500 on Dec 29…This is where I believe Ethereum is an extremely good value because it will potentially increase 3x over the next year, especially when it gets very deflationary with the launch of ETH 2.0.
- Also known as Serenity, Ethereum 2.0 is an upcoming upgrade focused on increasing the speed and scalability of the network.
Cantering Clark shared 2 altcoin projects on its radar
Kriptokoin.com , which we shared their analysis with. Cantering Clark says FTM’s price action looks extra strong as it was at the checkpoint last month:
Daily realized crossover. It is currently trading on the previous month’s VWAP (volume weighted average price) and POC (checkpoint).
Cantering Clark shares another altcoin project that he has been following closely recently. According to the analyst, Near is poised to make big gains and is ready to place a buy order almost 30% below its current price of $17.00 to catch the rallies.