Trader Says Mini Altcoin Season Is On, Names Targets for Solana and One Crypto Asset That’s Up 110% in a Month
A popular crypto analyst is saying that a small altcoin season has arrived as several digital assets come alive.
Pseudonymous trader Altcoin Sherpa tells his 197,900 followers on the social media platform X that he is bullish on some altcoins for the rest of November.
“We’re having a decent mini altseason right now, and I love to see it. I’m guessing we see some cooling off in December and then a big run again in January. ETH is likely to catch up to BTC and you should start to scale in there IMO (in my opinion).”
“SOL: incredible moves, no sign of the FTX supply coming onto the market … yet. If price holds above $50 on the one-week [chart], there is no price action between here and the next area up, also known as $75. Still bullish on Solana until shown otherwise.”
Solana is trading for $56.97 at time of writing, up 25.1% in the last 24 hours.
“LINK: I don’t see this stalling out until $18-$20 to be honest. After that, a small dip could come but I still think much higher targets for this one.
Many of us could have just bought LINK during that 500-day accumulation period and then held it and made more money than trading.”
Chainlink is trading for $15.67 at time of writing, up 7% in the last 24 hours.
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