Ethereum

Based

Solana

Bitcoin

Sherpa

<div class="dailyhodl">
 <p>A closely followed crypto analyst is expressing bullish sentiment on a top-10 altcoin while updating his outlook on Bitcoin (BTC).</p>
 <p>Starting with smart contract platform Solana (SOL), pseudonymous crypto strategist Altcoin Sherpa tells his 209,900 followers on the social media platform X that the fifth-largest crypto asset by market cap could appreciate by roughly between 250% and 600% this cycle.</p>
 <div class="code-block code-block-055f5289fd7e731bb72be7c5a19d18ed code-block-1">  
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 <p><em> “SOL: This will cleanly break all time highs this cycle, the only question is how high. $500 is probable, something obscene like $1,000 isn’t out of the question in my opinion. </em></p>
 <p><em>Still one of my bigger bags. $170 next level up.” </em></p>
 <p>According to the analyst’s chart, it appears that after climbing above $140, the next major resistance levels for the Ethereum (ETH) competitor are around $174 and around $202.</p>
 <figure id="attachment_190710" aria-describedby="caption-attachment-190710" style="width: 100%" class="wp-caption alignnone"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GIB3gBraEAAiQLP?format=jpg&amp;name=4096x4096" alt="GIB3gBraEAAiQLP" width="1063" height="499">
  <figcaption id="caption-attachment-190710" class="wp-caption-text">
   Source: Altcoin Sherpa/X
  </figcaption>
 </figure>
 <p>Solana, which hit an all-time high of around $260 in November of 2021, is trading for $142 at time of writing.</p>
 <p>Moving on to the flagship digital asset, Altcoin Sherpa says it will experience immense volatility in the short term but will eventually reach a six-figure price tag this cycle.</p>
 <p>Based on the analyst’s chart, it appears that Bitcoin could surge to just below $70,000 before plunging to around $62,000 in the near future.</p>
 <p><em> “Bitcoin is going to go to $100,000 this cycle and these short-term movements are a blip on the radar. Don’t lose your stack when we’re so close to the finish line.”</em></p>
 <figure id="attachment_190710" aria-describedby="caption-attachment-190710" style="width: 100%" class="wp-caption alignnone"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GH_bma3XwAAKtLt?format=jpg&amp;name=4096x4096" alt="GH_bma3XwAAKtLt" width="1063" height="499">
  <figcaption id="caption-attachment-190710" class="wp-caption-text">
   Source: Altcoin Sherpa/X
  </figcaption>
 </figure>
 <p>Bitcoin is trading at $67,478 at time of writing, a fractional increase during the last 24 hours.</p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/trader-says-top-ethereum-rival-could-surge-by-over-600-forecasts-that-bitcoin-is-close-to-the-finish-line-tbt81975.html">https://thebittimes.com/trader-says-top-ethereum-rival-could-surge-by-over-600-forecasts-that-bitcoin-is-close-to-the-finish-line-tbt81975.html</a></p>

Trader Says Top Ethereum Rival Could Surge by Over 600%, Forecasts That Bitcoin Is ‘Close to the Finish Line’

TheBitTimes

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