A widely respected cryptocurrency analyst and trader is expressing optimism about a privacy-focused micro-altcoin project.
Analyst known by the pseudonym Altcoin Sherpa says 206,200 followers on social media platform
“MANTA: Soon to hit an all-time high. Newly launched coin + narrative = strong candidate to actually do well in the current market environment.”
MANTA is trading at $2.97 at the time of this writing, down more than 8% in the last 24 hours.
Next is the merchant predict Ethereum (ETH) rival Solana (SOL) may retest the lower Fibonacci retracement level before another bounce.
“SOL: I think the dollar cost average (DCA) of .382 ($84.67) and .50 ($71.81) are both good options for long-term holding of Solana. “We don’t expect the situation to improve yet, but please be patient.”
Solana is trading at $86.70 at the time of this writing, down more than 2% in the last 24 hours.
Finally, the merchant weight Fetch.ai (FET) is a decentralized artificial intelligence platform for applications. He warns that depending on volume trends, FET could fall nearly 20% from its current value.
“FET: A near-term bottom appears to be in sight, but ultimately we believe it will trade lower, around $0.45-$0.55. I hope I’m wrong.”
FET is trading at $0.57 at the time of this writing and is down more than 3% in the last 24 hours.
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