Analyst Evaluates BTC, SOL, FTM and GMT

Anonymous crypto analyst and strategist Altcoin Sherpa told more than 190 thousand Twitter followers that the largest cryptocurrency Bitcoin could rise by at least 25 percent above $ 23,845, which was traded at the time of this writing.

“The longer BTC stays in this zone, the more bullish I will be. I think it is quite likely that we will eventually see the $30,000 gap filled.”

Sharing his views on Solana, Altcoin Sherpa stated that SOL is heading above $ 30 and stated the following.

“Solana has done well and if BTC holds its gains it could go all the way to mid-$30. I’m not sure what the long-term future of this coin will be, if I remember correctly FTX/Alameda has a lot of SOL on their hands and who knows how it will be liquidated. Still the structure of this altcoin project is still good.”

The analyst is waiting for above $ 0.60 in Fantom, another token on his radar:

“FTM looks extremely strong, I like that. I think it will eventually reach $0.60 and break above that level.”

Analyzing STEPN as the third altcoin he expects to rise, Altcoin Sherpa stated that it has likely created a bottom and STEPN could rally more than 38 percent to $0.79:

“I wouldn’t be surprised if GMT could bottom out here if BTC stays strong and move up to the $0.79 region. The 200-day EMA acted as resistance but for now I think it’s still fine. I’m still using this app every week and I’ve invested in it.”