Crypto NewsEthereum (ETH)

An Ethereum (ETH) rival will outperform the vast majority of the altcoin market, according to Top Crypto Trader

A closely followed crypto analyst says that Solana (SOL) will deliver better returns than most crypto assets in the current cycle.
Pseudonymous analyst altcoin Sherpa tells his 178,800 Twitter followers that the popular smart-contract platform is trading according to price movement of Bitcoin (BTC) could outperform other altcoins.

Altcoin Sherpa says he doesn’t know how high Solana can go but expects the crypto asset to top out at around $40 Resistance will encounter. He says SOL is likely to fall if it hits $50. At the time of writing, the smart contract platform is trading at $38.31.
Source: AltcoinShepra/TradingView
Another crypto asset that altcoin Sherpa is bullish on is Decentraland (MANA). The analyst says the virtual reality platform will recover after bottoming out. MANA is now trading for $0.90 from a low of $0.74 in June.
An Ethereum (ETH) rival will outperform the vast majority of the altcoin market, according to Top Crypto Trader, Crypto Trading NewsSource: AltcoinShepra/TradingView
He then shares his prediction for another Metaverse token, ApeCoin (APE). He says that the altcoin used for the non-fungible token community (NFT) of the Bored Ape Yacht Club could go down at $6. APE is currently worth $4.40.
An Ethereum (ETH) rival will outperform the vast majority of the altcoin market, according to Top Crypto Trader, Crypto Trading NewsSource: AltcoinShepra/TradingView
Regarding Bitcoin, the analyst says the outlook is “still a high timeframe bearish market structure.” At the time of writing, BTC is changing hands at $20,894.
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Bitcoin$21,137.00$21,137.002.29%Ethereum$1,168.87$1,168.875.53%Cardano$0.499659$0.4996595.34%XRP$0.372321$0.37232113.5%Dogecoins$0.066119$0.0661193.06%

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