The widely respected cryptocurrency analyst and trader is expressing bullish sentiments about the Bitcoin (BTC) ecosystem token in the medium term.
Trader known by the pseudonym Altcoin Sherpa says The 205,600 followers of the I said I would.
According to Altcoin Sherpa, ORDI would be attractive at a price of $65, about 10% below its current price.
ORDI is trading at $72.35 at the time of this writing, up approximately 2,777% from its closing price of $3.48 on October 18.
Switch to pseudonym trader Solana (SOL) Called He is optimistic about the price of the fifth-largest cryptocurrency asset by market capitalization in 2024, but expects prices to decline in the near term.
SOL is trading at $98.01 at the time of this writing.
Next is the decentralized cross-chain liquidity protocol THORChain (RUNE). According to Altcoin Sherpa, the major Fibonacci retracement levels are see If the downward trend continues, the RUNE on the daily chart is 0.50 (50%) and 0.618 (61.8%). Fibonacci retracement levels are used to identify possible support and resistance points for asset prices, the most common levels being 38.2%, 50%, and 61.8%.
According to Altcoin Sherpa’s chart, the 50% and 61.8% Fibonacci retracement levels are likely to fall just above the RUNE price of $4 and $3.50, respectively.
RUNE is trading at $4.10 at the time of this writing.
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