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Home»ALTCOIN NEWS»Crypto Analyst Says Ethereum’s Main Competitor Will Go ‘Much Higher’, Updates Outlook on Gaming Altcoin Beam
ALTCOIN NEWS

Crypto Analyst Says Ethereum’s Main Competitor Will Go ‘Much Higher’, Updates Outlook on Gaming Altcoin Beam

By Crypto FlexsApril 5, 20242 Mins Read
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Crypto Analyst Says Ethereum’s Main Competitor Will Go ‘Much Higher’, Updates Outlook on Gaming Altcoin Beam
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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.”

Source: Altcoin Sherpa/X

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.”

Source: Altcoin Sherpa/X

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.”

Source: Altcoin Sherpa/X

Ethena is trading at $1.11 at the time of this writing.

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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.

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