Sherpa

<div class="dailyhodl">
 Popular crypto analyst Altcoin Sherpa says that one artificial intelligence (AI) project will definitely make new highs in the near future.
 The pseudonymous analyst tells his 203,000 followers on the social media platform X that Fetch.ai (FET) will benefit from a bullish narrative looking ahead into 2024.
 <div class="code-block code-block-055f5289fd7e731bb72be7c5a19d18ed code-block-1">  
 </div>
 Fetch.ai is a blockchain-based AI platform that aims to automate certain tasks and systems, such as supply chain logistics or recordkeeping, for individuals or organizations. Its technology is largely powered by AI agents that can plan and execute tasks.
 According to Altcoin Sherpa, a dip in FET, the project’s native token, down to the $0.50 level may present bulls with a buying opportunity.
 “FET: A few things- I think that this one definitely breaks ATH (all-time high)
 big supply zone from $.75-$1 though / hard place to buy around here
 Still a very strong coin + narrative in 2024
 Dip areas in $.50 would be one to look for”
 <figure style="width: 100%" class="wp-caption aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GCwv996WYAAut-J?format=png&amp;name=4096x4096" alt="Image" width="2103" height="1179">
 <figcaption class="wp-caption-text">
 Source: Altcoin Sherpa/X
 </figcaption>
 </figure>
 The trader has a similar, but more short-term point of view on Ethereum scaling solution Polygon (MATIC). According to him, since MATIC has lagged behind other altcoins in the recent market run-up, it may be time for it to catch up. He targets the $1.20 range, a 22% gain from MATIC’s current price of $0.98.
 “MATIC has noticeably lagged but I think it should go to $1.20 in the short/mid term here. Still looks pretty strong and should be a decent one to trade now. Uncertain if this outperforms other narratives/ Layer-1 type of coins in 2024 though. Treat this more as a trade vs. investment.”
 <figure style="width: 100%" class="wp-caption aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GCxXmRUX0AA-d9d?format=png&amp;name=4096x4096" alt="Image" width="2103" height="1179">
 <figcaption class="wp-caption-text">
 Source: Altcoin Sherpa/X
 </figcaption>
 </figure>
</div>
Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/ai-altcoin-will-definitely-break-new-all-time-highs-amid-strong-narrative-according-to-crypto-analyst-here-s-his-outlook-tbt75303.html">https://thebittimes.com/ai-altcoin-will-definitely-break-new-all-time-highs-amid-strong-narrative-according-to-crypto-analyst-here-s-his-outlook-tbt75303.html</a>

AI Altcoin Will ‘Definitely’ Break New All-Time Highs Amid Strong Narrative, According to Crypto Analyst – Here’s His Outlook

TheBitTimes

Egyéb ezen a dátumon (2024. jan. 1.) megosztott cikkek

Crypto Market Prediction 2024: Top 10 Reasons Why Bitcoin & Altcoins Are Ready To Explode

Internet computer (ICP) strong performance challenges crypto market norms

Is It Too Late to Buy Filecoin? FIL Price Turns Green as New Meme Coin Approaches Exchange Launch...

Find Out How BTC’s Investment Prospects and How to Buy on eToro

Watch Out: 20 Altcoins Have Major Token Unlocks in the New Week! Here is the Day by Day, Hour by ...

Advancements in AI Regulation: The European Union’s Legislative Progress

Join our free newsletter for daily crypto updates!