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  • Analyst predicts altcoin ATHs! Updates on top coins ๐Ÿš€๐Ÿ“ˆ
Analyst predicts altcoin ATHs! Updates on top coins ๐Ÿš€๐Ÿ“ˆ

Analyst predicts altcoin ATHs! Updates on top coins ๐Ÿš€๐Ÿ“ˆ

Crypto Analyst Bullish on Top Altcoin and Three Additional Coins

A popular crypto analyst is optimistic about the prospects of a leading altcoin and three other cryptocurrencies as they navigate through the market.

BNB on the Verge of Breaking ATH

  • Altcoin Sherpa predicts that BNB, the native token of the BNB Chain, is poised to reach new all-time highs soon.
    • Altcoin Sherpa notes that BNBโ€™s market structure is strong, and he anticipates a substantial rally.
    • Currently trading at $669, BNB is up over 7% in the last 24 hours.
    • Altcoin Sherpa points out that BNB is likely to flip the $621.50 level into support and continue its upward trajectory.
    • BNB hit an all-time high of $686 on May 10th, 2021.

Rising Interest in Bittensor (TAO)

  • The analyst also expresses his long-term bullish sentiment towards Bittensor (TAO), a blockchain platform focused on machine learning and AI.
    • TAO is currently priced at $392, marking a nearly 4% increase in the last 24 hours.
    • Altcoin Sherpa emphasizes the importance of TAO holding the $350 support level to avoid a significant decline.
    • He suggests that TAO consolidating between $350-$500 would establish a solid base for potential future growth.
    • If TAO fails to maintain the $350 support, it could quickly drop below $300.

My Neighbor Alice (ALICE) and NOT in Focus

  • Altcoin Sherpa also shares insights on My Neighbor Alice (ALICE) and NOT.
  • ALICE, a play-to-earn NFT video game, faces potential retracement before bouncing back.
    • With ALICE currently trading at $2.15 and down over 10% in the last 24 hours, the analyst sees opportunities for scalping at specific price levels.
    • He suggests potential bids at $2.13 and $2.03 for short-term gains.
  • NOT, a community token for the tap-to-earn game Notcoin, may have found a bottom after bouncing from $0.0199.
    • NOT is trading at $0.0240, reflecting an 8% increase in the last 24 hours.
    • Altcoin Sherpaโ€™s assessment indicates a possible market recovery for NOT.

Hot Take: Analyst Sees Positive Trends Across Top Altcoin and Emerging Cryptocurrencies

Despite market volatility, the analyst remains bullish on various cryptocurrencies, projecting upward movements in the near future. Itโ€™s essential for traders and investors to stay informed and capitalize on potential opportunities presented by these market dynamics.

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Analyst predicts altcoin ATHs! Updates on top coins ๐Ÿš€๐Ÿ“ˆ