A cryptocurrency strategist who follows closely believes three new digital assets will surge in the coming weeks.
Pseudonymous analyst Altcoin Sherpa says The 215,400 followers on social media platform
The three projects are cross-chain messaging protocol Wormhole (W), Ethereum (ETH)-based project Omni Network (OMNI), and TNSR, the governance token of the non-fungible token (NFT) platform Tensor.
“Take a look at the new coins. W, OMNI and TNSR are all on my radar. They launched on relatively bad terms and some of these (particularly W) are expected to rise significant amounts in the coming weeks. “I think spot trading is better.”
As of this writing, W is trading at $0.62, OMNI is trading at $25.20, and TNSR is trading at $1.19.
Analysts too warn Bitcoin (BTC) is hovering in the middle of its trading range on the 4-hour chart and could break out in either direction.
“BTC: This is a problematic area. I took profits from my last purchase of ENA (Ethena) and will maintain an active position for now. Typically you don’t want to trade near the (0.5 Fibonacci level), which is also the 4-hour 200 exponential moving average. “We will gladly repurchase it later at a higher price if necessary, but with spot alternatives, it will still last a very long time.”
At the time of writing, Bitcoin is trading at $66,216, up 2.6% in the last 24 hours.
Don’t miss a beat – subscribe to get email alerts delivered straight to your inbox
Check Price Action
follow us TwitterFacebook, Telegram
Daily Hodl Mix Surfing
 
Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and that you are responsible for any losses that may occur. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.
Featured image: Shutterstock/Thaiview