The widely respected analyst and trader is expressing bullish sentiments about his Ethereum (ETH) rival while offering his predictions for gaming altcoin Beam (BEAM).
Analyst known by the pseudonym Altcoin Sherpa says A 213,800 follower on social media platform
According to Altcoin Sherpa, Solana offers a potential accumulation opportunity at current prices.
“SOL: It’s very simple. Buy within the $168 – $208 range and don’t think too much about prices for the next few months.”
Solana is trading at $187 at the time of this writing.
Switch to BEAM, Altcoin Sherpa Called A breakdown of the key support level on the daily time frame could lead to a decline of around 17% for the gaming token from current levels.
“BEAM: This is one of the few gaming coins I have from this cycle, and one that I still have for a very long time. If you still just slice and lose this level, the next one is $0.026. “We won’t be selling it for a while.”
Beam is trading at $0.0316 at the time of this writing.
Altcoin Sherpa also prediction Here’s a look at the synthetic dollar protocol Ethena (ENA), which has risen a little over 100% since its token creation event earlier this week.
“ENA: I think eventually this will regress significantly, but I don’t know when. New launches have low float and can cause all sorts of strange screw-ups due to crazy market makers. Dips are for short-term buying.”
Ethena is trading at $1.11 at the time of this writing.
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