Solana

Manta Network

Bitcoin

Sherpa

Chainlink

<div class="dailyhodl">
 A widely followed cryptocurrency analyst says he sees upside potential for two crypto assets with market caps below $1 billion.
 Pseudonymous crypto strategist Altcoin Sherpa tells his 206,800 followers on the social media platform X that he’s looking at the Solana (SOL)-based decentralized exchange aggregator&nbsp;Jupiter (JUP).
 <div class="code-block code-block-055f5289fd7e731bb72be7c5a19d18ed code-block-1">  
 </div>
 The trader shares a chart suggesting that JUP will likely carve a local bottom at around $0.50 before rallying to about $0.82.
 “I still think it’ll eventually go up in the short term, but after that big move up (call it $1 or more), I think it’s down only for a bit.”&nbsp;
 <figure style="width: 100%" class="wp-caption aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GFQbEbtXgAAoRcc?format=jpg&amp;name=4096x4096" alt="Image" width="2121" height="1179">
 <figcaption class="wp-caption-text">
 Source: Altcoin Sherpa/X
 </figcaption>
 </figure>
 At time of writing, JUP is trading at $0.58, days after the token was launched amid a a highly anticipated airdrop.
 Turning to Manta Network (MANTA), Altcoin Sherpa says the native token of the privacy-focused crypto project may bounce on the condition that Bitcoin (BTC) does not witness a big move to the downside.
 “This one might make it all the way back down to the $2.5 or lower area. New <a rel="noopener noreferrer nofollow" title="coins" href="https://thebittimes.com/tag/coins.html">coins</a> are still the ones to look at in my opinion. Keeping an eye but it should bounce soon as long as Bitcoin (BTC) is stable.”
 <figure style="width: 100%" class="wp-caption aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GFQZSRjWsAAmlzD?format=png&amp;name=4096x4096" alt="Image" width="2121" height="1179">
 <figcaption class="wp-caption-text">
 Source: Altcoin Sherpa/X
 </figcaption>
 </figure>
 MANTA is trading at $3.05 at time of writing.
 As for the native asset of the decentralized oracle network Chainlink (LINK), Altcoin Sherpa says the crypto asset looks bullish and will likely see higher prices if it takes out its immediate resistance.
 “LINK: if price breaks the $18 level, I think it goes to $24 in the mid-term (or higher). Smaller levels like $20 are there too but overall, still looking strong.”&nbsp;
 <figure style="width: 100%" class="wp-caption aligncenter"><img loading="lazy" decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GFWGeCIWgAAI-Ev?format=jpg&amp;name=4096x4096" alt="Image" width="2121" height="1179">
 <figcaption class="wp-caption-text">
 Source: Altcoin Sherpa/X
 </figcaption>
 </figure>
 LINK is trading at $17.81 at time of writing.
</div>
Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/crypto-analyst-predicts-bullish-price-action-for-two-low-cap-altcoins-outlines-path-forward-for-chainlink-tbt78752.html">https://thebittimes.com/crypto-analyst-predicts-bullish-price-action-for-two-low-cap-altcoins-outlines-path-forward-for-chainlink-tbt78752.html</a>

Crypto Analyst Predicts Bullish Price Action for Two Low-Cap Altcoins, Outlines Path Forward for Chainlink

TheBitTimes

Alte articole publicate pe 3 feb. 2024

Ethereum Sees Significant Outflows in the Crypto Market

FTX Seeks to Sell Stake in AI Firm Anthropic

Expert Predicts Facebook and Instagram May Soon Permit Bitcoin ETF Ads

Huboi Token Reclaims Bullish Territory: Can It Sustain Longer?

Solana Mobile Prepares to Unveil Version 2: A Snapshot of Exclusive Incentives

Steve Christie Returns To Binance As Deputy Chief Compliance Officer

Join our free newsletter for daily crypto updates!