Analyst Predicts Rallies for Two of Ethereum’s Biggest Rivals, Says Bitcoin Could Bounce Harder Than Traders Think - BitcoinEthereumNews.com
Bitcoin EthereumAnalyst Predicts Rallies for Two of Ethereums Biggest Rivals, Says Bitcoin Could Bounce Harder Than Traders Think07 / 06 / 2022Balita ng Ethereum ng Bitcoin A popular analyst is predicting if and when three cryptos can break out of the lingering market downtrend to achieve a short-term rally. Pseudonymous na mangangalakal ng crypto Altcoin Sherpa nagsasabi his 180,000 Twitter followers hes not encouraged by altcoins on their one-hour to daily high time frame [HTF] charts but thinks there could be temporary upside potential for certain projects. Sherpa thinks both Cosmos (ATOM) and layer-1 scaling solution NEAR Protocol (NEAR) can do well. The HTF market structure is still incredibly bearish for many altcoins but if we see a bit more chop/grinding + these bottom type of patterns playing out, I think well see a short-term move up. Some potential double bottoms/[cup and handle]/etc. type of charts out there for now. Source: Altcoin Sherpa / Twitter Sa oras ng pagsulat, Kosmos is up by 4.33% over the last 24 hours and trading for $9.06. Next Altcoin Sherpa provides a look at Ethereum (ETH) competitor NEAR. Source: Altcoin Sherpa / Twitter MALAPIT na Protocol is down just shy of 2% on the day with an asking price of $3.44. Moving on to the