Analyst Says Next Leg up Incoming for Two Low-Cap Altcoins, Updates Outlook on Recently Launched Crypto Asset

By The Daily Hodl February 19, 2024 In Altcoins, Market Analysis
Source: Altcoin Sherpa/X

A closely followed crypto analyst says two altcoins flying under the radar are gearing up for bursts to the upside.

Analyst Altcoin Sherpa tells his 207,400 followers on the social media platform X that he’s bullish on the native asset of the permissionless smart contract protocol Neutron (NTRN).

According to the analyst, NTRN appears to be consolidating in preparation for its next surge.

“NTRN: Next leg incoming…”


Source: Altcoin Sherpa/X

Looking at the trader’s chart, he appears to suggest that NTRN looks primed for a move toward its range resistance at $2.01. At time of writing, NTRN is worth $1.78.

Next up, the trader is keeping a close watch on the native asset of the blockchain-based game Heroes of Mavia (MAVIA). Altcoin Sherpa shares a chart suggesting that MAVIA will break its all-time high of $9.40.

“MAVIA: we like the new and shiny.”

Source: Altcoin Sherpa/X

At time of writing, MAVIA is worth $8.90.

The last coin on the analyst’s radar is Dymension (DYM), a modular blockchain that launched its mainnet earlier this month. Altcoin Sherpa forecasts DYM correcting to the bottom of its current range near the $7 level.

“DYM: buy at low $7s.”

Source: Altcoin Sherpa/X

At time of writing, DYM is worth $7.28.

Featured Image: Shutterstock/Masterofedit69

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