A widely followed analyst and trader is expressing his bullish sentiment on one Ethereum (ETH) competitor while offering his predictions for the gaming altcoin Beam (BEAM).
Analyst known by the pseudonym Altcoin Sherpa To tell His 213,800 followers on social media platform
According to Altcoin Sherpa, Solana offers a potential accumulation opportunity at its current price.
“SOL: It's very simple. Buy in this $168-$208 range and don't think too much about price for the next few months.”
At the time of writing, Solana is trading at $187.
BEAM turns to altcoin Sherpa To tell If the key daily support levels break down, the gaming token could fall by around 17% from current levels.
“Beam: This is still one of the few game coins I have this cycle, and one I've kept for a very long time. I'm still just chopping, so if I lose this level , the next one will be $0.026. I'm not going to sell it anytime soon.”
At the time of writing, Beam is trading at $0.0316.
Altcoin Sherpa also forecast Synthetic dollar protocol Etena (ENA) is up just over 100% since its token creation event earlier this week.
ENA: I think there will be a significant regression eventually, but I don't know when. New product launches can have all sorts of weird shit happen due to low float and crazy market makers. Push marks are for short-term buying. ”
At the time of writing, Ethena is trading at $1.11.
Never miss a beat – Subscribe to get email alerts delivered straight to your inbox
Check price action
follow me twitterFacebook and Telegram
Surf the Daily Hoddle Mix
 
Disclaimer: The opinions expressed on The Daily Hodl do not constitute investment advice. Investors should perform due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that transfers and transactions are made at your own risk and any losses you may incur are your responsibility. The Daily Hodl does not recommend buying or selling any cryptocurrencies or digital assets. The Daily Hodl is also not an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated image: DALLE3
