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Top analyst says a metaverse altcoin and two additional crypto assets are set for eruptions

A closely-followed crypto analyst says a metaverse token and two additional altcoins are skyrocketing.
The pseudonymous analyst Altcoin Sherpa tells his 158,000 followers that SAND, the native token of the virtual world The Sandbox, has excellent technical properties that could trigger a second wave of Metaverse rallies.

“SAND: This diagram looks great IMO. Is Metaverse Pump # 2 Coming Soon? I think this is a good passive swing trade. “
Source: Altcoin Sherpa / Twitter
At the time of writing, SAND is trading at $ 5.14, a 38% decrease from its All time high of $ 8.40.

Next on Altcoin Sherpa’s radar is the open source smart contract platform Fantom (FTM). According to the analyst, FTM presents a first-class setup for long entries.

“FTM: I just have to throw money into this trade, I’ve been watching it for a few days now. This area is very solid for an entry-level IMO. “
Top analyst says a metaverse altcoin and two additional crypto assets are set for eruptions, Crypto Trading NewsSource: Altcoin Sherpa / Twitter
FTM is trading owners at $ 1.83 at the time of writing, down 42% from its all-time high of $ 3.16 in November.

Also on Sherpa’s watchlist is WOO, the native token of the Woo Network (WOO). Woo Network is a platform for “deep liquidity” that traders, exchanges, institutions and platforms for decentralized finance (DeFi) connects with democratized access to inexpensive liquidity and trade execution.

With WOO making a higher high at around $ 1.70 and now a potentially higher low at around $ 0.80, the altcoin is showing signs of a typical bullish market structure.

“WOO: I still think this is a bullish market structure, I think the lows have just been set. Higher lows, now we’re going up I’m still holding my bag. “
Top analyst says a metaverse altcoin and two additional crypto assets are set for eruptions, Crypto Trading NewsSource: Altcoin Sherpa / Twitter

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Source: Crypto News Deutsch

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