Widely followed trader Altcoin Sherpa said artificial intelligence (AI)-focused cryptocurrency assets could soon present an opportunity for the upside.
Altcoin Sherpa tells his 236,000 followers on social media platform
After the correction, the trader says ZEREBRO will be “very strong” in the future.
“$0.50 is still resistance and I expect there to be some kind of decline between here and $0.60. But I think there will be a very strong downward trend going forward. I have a solid bag of these. The team is full of shippers.
I see the area around $0.40 as a good entry point.”
As of this writing, ZEREBRO is trading at $0.54, up 38% in the last 24 hours.
Altcoin Sherpa is also bullish on Hyperliquid (HYPE), a decentralized perpetual exchange.
He says those looking to invest in HYPE for the long term could look at accumulating at current prices, with a potential target above the $50 level.
“We are pleased with the HYPE dollar cost average (DCA) for ages 30 to 25.
Also consider saving some $$ to buy it at a lower price, just in case. The early 20s will be a gift, and I plan on adding more as they come.
I still think it will go above $50 before the end of the cycle.”
As of this writing, HYPE is trading at $0.26.
Keeping an eye on the memecoin sector, the trader says many large memes like MOODENG, CHILLGUY or PNUT are either “going all strong” or “falling off a cliff” at their current prices.
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