Altcoin Sherpa Bullish on Stacks (STX)
Crypto trader Altcoin Sherpa is optimistic about the potential of Stacks (STX), an altcoin operating in the Bitcoin ecosystem. According to the trader, STX has significant room for growth and suggests an entry point of around $1.75. The chart analysis indicates that STX may retest the $1.73 support level before rebounding.
The Sei Network (SEI) Remains in an Uptrend
Altcoin Sherpa also shares his outlook on The Sei Network (SEI), a competitor of Solana (SOL). The trader believes that SEI is still in an uptrend and would like to see it consolidate around the $0.58 level. However, he anticipates a potential cooling period despite maintaining a bullish stance on SEI.
Predictions for Memecoin Bonk (BONK)
The trader predicts that memecoin Bonk (BONK) could reach two higher price targets in the future. While he didn’t personally invest in BONK, he expects a dead rally opportunity for those who entered at higher or lower prices. He suggests selling BONK at around $0.0000163 and $0.0000180ish.
Hot Take: Altcoin Sherpa Offers Positive Outlook for STX, SEI, and BONK
Altcoin Sherpa provides insights into three altcoins – Stacks (STX), The Sei Network (SEI), and Bonk (BONK). According to the trader, STX has significant upside potential, while SEI remains in an uptrend with possible cooling periods. As for BONK, he foresees the opportunity for a dead rally. It’s essential to conduct thorough research and exercise caution when investing in altcoins.
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