Analyst points out 4 cryptocurrencies to buy in the new year
2 min read
A cryptocurrency market analyst believes that 2021 still holds plenty of opportunity for crypto-asset traders.
According to the analyst known as Altcoin Sherpa, investors need to keep an eye out for Avalanche (AVAX) and three other altcoins that still have a chance of recovering their value.
As the trader pointed out, confident in predicting BTC’s rise to $67,000, AVAX is ready to continue growing on its way to its $130 target.
“Decent volume coming in overall. The market structure is still down. But not for this cryptocurrency. I’ll probably risk a little for $130.”
Another cryptocurrency on the trader’s list is Polkadot (DOT). According to the crypto-strategist, DOT should rise to $35 before resuming its downtrend.
“It’s better to keep buying close to US$24, as it will go up a lot. I still think it will go beyond US$ 35 as we are making higher and higher lows”, he pointed out.
Thus, if the trader’s forecast comes true, the cryptoactive will have appreciated more than 42% in relation to the current price of US$ 24.62.
Cryptocurrencies for the New Year
Next on the analyst’s list is Fantom (FTM), a network of custom blockchains aimed at boosting smart cities.
Sherpa says FTM is in the middle of a $1.40 fund, which he says will set the stage for a rise to $2.80.
“Solid entry for swing trade. Personally I am waiting for some other currencies/trades. A lot of confluence in this area.”
Finally, the last cryptoactive on the trader’s radar is the CRV, the governance token of the Curve Finance protocol. According to the analyst, CRV is now in a position to surpass its 2021 high of $6.39.
“One of the few strong DeFi (decentralized finance) currencies. I think this one looks pretty solid. That said, resistance is coming, wait for a break.”
kamagra parramatta generic tadalafil 20mg when will generic cialis be available what can viagra be used for
buy vpn with gift card
download vpn
best us vpn service
valtrex yeast infection where to buy valtrex over the counter valtrex for covid 19 treatment how long should i take valacyclovir
free casino bonus
casino sign up bonus no deposit
top usa online casinos
types of amoxicillin amoxicillin from canada buy amoxil on line canada amoxil 500 para la lengua
best casino sites
online casino sign up bonuses
free money no deposit
free online casino no deposit
biggest online casino bonuses
online casino with free signup bonus real money usa
molnupiravir malaysia molnupiravir capsules 200 mg what is in molnupiravir molnupiravir price in usa
valtrex uses valtrex sale will valtrex interfere with covid vaccine how much valacyclovir can you take in a day
sign up bonus casino no deposit
online usa casinos
sign up casino bonus
top us online casinos
top us online casino
online real money casinos
online casinos no deposit bonus
united states online casino
real money online slots
online casino free signup bonus no deposit required
casino bonuses online
internet casino bonus
best dissertation writing
writing dissertation and grant proposals
online dissertation help veroffentlichen
online no deposit casino bonus
safe online casino
casino online real money usa