Solana

SOL, KAS, DOGE, LTC, CRV May Present Big Trade Opportunities

  • An analyst from Crypto Banter predicted that KAS, CRV, LTC, SOL, and DOGE might current massive commerce alternatives quickly.
  • The analyst predicted that LTC might rise to $142 if it is ready to consolidate above $100.
  • In the meantime, he additionally speculated that DOGE might rise to $0.10 if it is ready to keep the $0.07 assist degree.

Kyle from Crypto Banter revealed a number of cryptocurrencies that he can be seeking to commerce within the subsequent few weeks. Within the evaluation, he named Curve DAO Token (CRV), Litecoin (LTC), Dogecoin (DOGE), Kaspa (KAS), and Solana (SOL) as altcoins to observe for commerce alternatives that may generate substantial positive aspects for merchants this month.

The analyst famous that CRV’s worth was rejected by the 200-day MA line over the previous week. Consequently, the altcoin’s worth dropped shortly thereafter. Kyle warned merchants that this drop might proceed within the coming few days and CRV might retest $0.32.

Day by day chart for CRV/USDT (Supply: TradingView)

Following its halving occasion this week, the analyst acknowledged that his outlook for LTC is not going to be bullish till its worth breaks above the numerous $100 mark. Ought to LTC break above the $100 degree, and consolidate above this worth level, then Kyle predicts that the cryptocurrency’s worth might climb to $142.

In the meantime, DOGE has been buying and selling in a variety for the previous few weeks. The analyst did, nonetheless, level out the truth that the meme coin’s worth has printed decrease lows and decrease highs throughout this era. He stipulated that DOGE wants to carry the $0.07 degree as assist to forestall a drastic worth drop. If demand is available in at this level, he predicted that it might climb to $0.10.

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Daily chart for DOGE/USDT (Source: TradingView)
Day by day chart for DOGE/USDT (Supply: TradingView)

Almost about KAS, Kyle talked about that the altcoin is presently in a worth discovery mode. Subsequently, he doesn’t consider will probably be time to promote the cryptocurrency. Regardless of this, he didn’t rule out the potential for its worth dropping, nonetheless, and acknowledged that $0.039 can be an essential worth level to observe if there’s a pullback from its present worth.

Lastly, the Crypto Banter analyst acknowledged that issues are usually not trying good for SOL from a technical perspective. He predicted that the Ethereum-killer’s worth might drop to the 200-day MA line within the subsequent few days. Ought to this occur, he believes that will probably be lengthy place entry if SOL’s worth bounces off of this technical indicator.

Disclaimer: The views and opinions, in addition to all the knowledge shared on this worth evaluation, are printed in good religion. Readers should do their very own analysis and due diligence. Any motion taken by the reader is strictly at their very own danger. Coin Version and its associates is not going to be held accountable for any direct or oblique injury or loss.

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