A widely followed cryptocurrency analyst and trader is turning bullish on a low-value, privacy-focused altcoin project.
The analyst is known as Altcoin Sherpa Tells His 206,200 followers on social media platform
“Manta: All-time high coming soon. New coins launched + combo = strong candidates to do well in this current market environment.”
MANTA is trading at $2.97 at the time of writing, down over 8% in the past 24 hours.
Next, merchant pridect Ethereum (ETH) competitor Solana (SOL) may retest lower Fibonacci retracement levels before rising again.
“SOL: I think DCAing (Dollar Cost Average) at 0.382 ($84.67) and 0.50 ($71.81) are both good options to hold Solana for the long term. I don't expect things to completely ramp up yet, but just be patient.
Solana is trading at $86.70 at the time of writing, down over 2% in the past 24 hours.
Finally, the merchant Weigh In the decentralized AI platform for applications Fetch.ai (FET). He warns that based on trading volume trends, the price of FET could fall by approximately 20% from its current value.
“FET: It looks like a short-term bottom may be in place, but ultimately I still think this trades lower, at around $0.45-$0.55. I hope I'm wrong.”
FET is trading at $0.57 at the time of writing, down more than 3% over the past 24 hours.
Never miss an opportunity – sign up to get email alerts delivered directly to your inbox
Check price action
Follow us TwitterAnd Facebook and Telegram
Browse Hodl's daily mix
 
Disclaimer: The opinions expressed in The Daily Hodl are not investment advice. Investors should conduct due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please note that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the purchase or sale of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated image: DALE3
