Monday, June 5, 2023
cryptonews100
No Result
View All Result
CryptoNews100
No Result
View All Result
Home Uncategorized

Here’s What’s Next for Cardano, Shiba Inu, Terra and Two More Altcoins, According to Crypto Analyst

cryptonews100_tggfrn by cryptonews100_tggfrn
December 1, 2021
in Uncategorized
0
Here’s What’s Next for Cardano, Shiba Inu, Terra and Two More Altcoins, According to Crypto Analyst
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


A preferred crypto strategist and dealer is plotting what may very well be forward for Cardano (ADA), Shiba Inu (SHIB), Terra (LUNA) and two different altcoins.

Pseudonymous cryoto analyst Altcoin Sherpa tells his 154,100 Twitter followers that he’s short-term bullish on ADA after the good contract platform managed to keep above help at $1.48.

“ADA: Not a nasty place for a protracted. Assist/resistance degree, 0.50 Fibonacci degree too. I nonetheless wouldn’t hodl (maintain on for pricey life) this although. It will be a swing commerce.”

Image
Supply: Altcoin Sherpa/Twitter

At time of writing, Cardano is buying and selling at $1.56, down 2.85% within the final 24 hours.

Next up is fashionable meme coin Shiba Inu. According to the crypto strategist, he’s anticipating SHIB to ignite a fast bounce earlier than resuming its downtrend until the Dogecoin competitor manages to consolidate round $0.000047.

“SHIB: Brief-term backside might be in. Anticipating some form of decrease excessive to type. If this consolidates on the 0.50 [Fibonacci level], a extra explosive transfer will come (However it’s going to take a for much longer time in my view).”

Image
Supply: Altcoin Sherpa/Twitter

SHIB is at the moment exchanging palms at $0.000048.

One other coin on the dealer’s checklist is decentralized finance (DeFi) cost community Terra, which Altcoin Sherpa says is poised to erupt to new file highs.

“LUNA: Nonetheless a excessive time-frame bullish [market structure], ship to all-time highs.”

Image
Supply: Altcoin Sherpa/Twitter

The fourth coin on the analyst’s radar is the blockchain-based recreation ecosystem The Sandbox (SAND). Altcoin Sherpa maps out two potential situations for SAND after the coin printed a bearish decrease excessive construction.

“SAND: My plans are beneath. Let’s see the place this goes. On the whole, I personally suppose a decrease excessive simply acquired printed, and we’re going to go decrease. If the next low comes, we’ll enter some consolidation, and then I’m guessing one other push greater.”

Image
Supply: Altcoin Sherpa/Twitter

The final coin is Theta Network (THETA), a peer-to-peer distribution platform for video content material. According to Altcoin Sherpa, THETA can launch a large rally as soon as it takes out resistance at $9.61.

“THETA: When this strikes it is going to be explosive. It’s been ranging for fairly a while, and I feel that this one often has its personal market cycle. I’d not purchase this as an energetic commerce although.”

Image
Supply: Altcoin Sherpa/Twitter

Examine Price Action

Do not Miss a Beat – Subscribe to get crypto electronic mail alerts delivered immediately to your inbox

Observe us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

&nbsp
Check Latest News Headlines

 

Disclaimer: Opinions expressed at The Each day Hodl aren’t funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your individual danger, and any loses chances are you’ll incur are your duty. The Each day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Each day Hodl an funding advisor. Please observe that The Each day Hodl participates in internet affiliate marketing.

Featured Picture: Shutterstock/DM7/Vladimir Sazonov/WindAwake

Related articles

News: blockchain MEP Eva Kaili corruption arrest, Nigerian CBDC … – David Gerard

February 28, 2023

War had no impact on Ukraine’s regulatory approach to crypto, Kyiv lawmaker says – Cointelegraph

February 28, 2023
spot and derivatives trading, low fees! Use VPN to Spain if in US.





Source link

Tags: AltcoinsAnalystCardanocryptoHeresInuShibaTerraWhats
Share76Tweet47
kucoin-exchange

Related Posts

News: blockchain MEP Eva Kaili corruption arrest, Nigerian CBDC … – David Gerard

by cryptonews100_tggfrn
February 28, 2023
0

News: blockchain MEP Eva Kaili corruption arrest, Nigerian CBDC ...  David Gerard Source link

War had no impact on Ukraine’s regulatory approach to crypto, Kyiv lawmaker says – Cointelegraph

by cryptonews100_tggfrn
February 28, 2023
0

War had no impact on Ukraine’s regulatory approach to crypto, Kyiv lawmaker says  Cointelegraph Source link

Binance Secretly Moved $1 Bln User Assets Just Like FTX: Forbes – CoinGape

by cryptonews100_tggfrn
February 28, 2023
0

Binance Secretly Moved $1 Bln User Assets Just Like FTX: Forbes  CoinGape Source link

Terra (LUNA) Price Prediction 2025-2030: LUNA can reach $2 if… – AMBCrypto News

by cryptonews100_tggfrn
February 27, 2023
0

Terra (LUNA) Price Prediction 2025-2030: LUNA can reach $2 if…  AMBCrypto News Source link

First Mover Asia: Solana in the Green After Weekend Deep Freeze – CoinDesk

by cryptonews100_tggfrn
February 27, 2023
0

First Mover Asia: Solana in the Green After Weekend Deep Freeze  CoinDesk Source link

Load More

Crypto Fear & Greed Index

Latest Crypto Fear & Greed Index

Recent News

‘Record’ VC ‘Dry Powder’ Could Go to AI

‘Record’ VC ‘Dry Powder’ Could Go to AI

June 4, 2023

Atomic Wallet hack losses top $35M, on-chain sleuth reports

June 4, 2023
A Look at Enterprise Adoption

A Look at Enterprise Adoption

June 4, 2023

Categories

  • Alt Coins
  • Bitcoin
  • Blockchain
  • Cardano
  • Chainlink
  • Cryptocurrency
  • Dogecoin
  • Elon Musk
  • Ethereum
  • Exchanges
  • ICO
  • Litecoin
  • Market & Analysis
  • Pokadot
  • Polygon
  • Shiba Inu
  • Solana
  • The FED
  • Uncategorized
  • VeChain
  • XRP

Download the official CryptoNews100 Android App! Click the button below:

Tags

Altcoins (34) Binance (61) Bitcoin (344) blockchain (59) BTC (73) Buy (41) Cardano (70) ChainLink (38) Classic (70) coin (50) Cointelegraph (44) crypto (443) Cryptocurrencies (39) Cryptocurrency (88) Cryptos (56) DOGE (38) Dogecoin (79) Elon (37) ETH (51) Ethereum (149) FTX (45) gains (39) Heres (41) Inu (71) investors (55) LUNA (241) LUNC (43) market (135) MATIC (36) million (37) Network (52) News (127) Polkadot (37) POLYGON (41) prediction (78) price (256) SHIB (41) Shiba (72) Solana (61) Terra (283) token (35) top (76) trading (35) VeChain (40) XRP (53)

© 2023 Crypto News100 All Rights Reserved.
By visiting this website, you understand that the content provided within is for educational and entertainment purposes only. Nothing on this site may be constituted as financial advice and this site is not directing you to make any investments in cryptocurrency or in anything else. Thank you for visiting and please proceed responsibly.
As an Amazon Associate I earn from qualifying purchases.

No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Alt Coins
    • Cardano
    • Dogecoin
    • Litecoin
    • Pokadot
    • Polygon
    • Shiba Inu
    • Solana
    • XRP
    • VeChain
  • Market & Analysis
    • Blockchain
    • The FED
    • ICO
  • Profit with Crypto
    • Crypto Exchanges
    • Crypto Interest-Earning Accounts
    • Crypto Retirement Accounts

© 2023 Crypto News100 All Rights Reserved.
By visiting this website, you understand that the content provided within is for educational and entertainment purposes only. Nothing on this site may be constituted as financial advice and this site is not directing you to make any investments in cryptocurrency or in anything else. Thank you for visiting and please proceed responsibly.
As an Amazon Associate I earn from qualifying purchases.