An analyst who is widely respected and a trader with a large following has shifted his position to be bullish about an Ethereum altcoin (ETHThe author updates his view on the three most popular crypto-assets.
Sherpa is a pseudonym for the trader. tells His 223,200 fans on social media platform X That AaveAAVE( ) “still undeniably very strong” As the Ethereum-based Decentralized Financing (DeFi) platform rests beneath a major level of resistance in the weekly timeframe, after a phase of consolidation that lasted for years.
“This thing chopped for 2+ years, it looks ready.”
AAVE has risen by 54% in the last 30 days to $147.
Solana is next (SOL). According Solana, an avid trader who is widely respected by investors, has reached the bottom of the daily chart.
“I think that this grinds up from here. Not a bad swing trade as long as Bitcoin stays friendly.”
Solana currently trades at $134.
The native symbol of the BNB Chain Sherpa says He is bullish about the fourth largest crypto asset based on market capital, as it lies below a significant resistance level around $612 in price.
“BNB the king is coming home soon, expecting this to continually grind up.”
BNB currently trades at $543 as of the time this article was written.
The next is the Sui utility token (SUI). According Sherpa SUI is the name of a four-hour chart. “still very strong” The price could soon break through the resistance at $1.
SUI currently trades at $1.03, a 26% increase in the last seven days.
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