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139 shares, 352 points

Popular cryptocurrency analyst Jason Pizzino thinks several altcoin projects have the potential to rise to new heights. The analyst’s selections are focused on large-volume altcoins. First up is Polkadot, which awaits parachain auctions.

In the first place is the DOT waiting for November 11

Jason Pizzino says he is optimistic about DOT, the native token of smart contract platform Polkadot. According to data from CoinMarketCap, DOT is trading at $42.51 at the time of writing and registered its ATH level of $49.35 in May. Pizzino predicts the DOT will rise to $53.

In second place is Cardano (ADA)

Trader’s second pick is ADA, the native token of smart contract platform Cardano. Pizzino also says the road is clear for Cardano:

I think it will eventually reach an all-time high, but right now this train still needs to be finished and then broken.

ADA 10% at the time of writing. It was trading at $2.00, down 19 weeks.

Ethereum-based altcoin project MATIC was one of the leaders of the week

Jason Pizzino is also bullish on MATIC, the native token of Ethereum (ETH) scaling solution Polygon. At the time of writing, MATIC was trading at $1.94, up more than 20% last week. Pizzino says MATIC may be on its way to ATH. The current ATH of MATIC price is $2.62, which it bought back in May.

Next altcoin: The Graph (GRT)

Next on the analyst list is GRT, the native token of indexing protocol The Graph. Pizzino says GRT is “finally starting to take action” with consistently more HL levels. GRT is 6% last week at the time of writing. It was traded at $0.96 with an increase of 9 percent. Pizzino says:

Investors looking for a “safer entry” should watch to see if GRT bounces back above $1.10.

AAVE in the last row

Cryptocoin. com Pizzino, whose analysis we share, also mentions the lending and borrowing protocol Aave. The analyst doesn’t see the protocol’s native token, AAVE, as a strong investment yet, but says it could be in the early stages of making a move:

Of course, the lower you are, the higher the risk.

AAVE, 4% in the last seven days at the time of writing. It was trading at $341.3, up 32 percent. Pizzino says investors should watch to see if the altcoin price rises above the $360 range.


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139 shares, 352 points

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