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Home»Solana»According to a top cryptocurrency analyst, this Solana competitor is doing well despite the Bitcoin drop.

According to a top cryptocurrency analyst, this Solana competitor is doing well despite the Bitcoin drop.

Solana By Gavin27/11/2024
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One of the most respected crypto analysts, Solana (SOLBitcoin (BTCPullback in the range of lower 90,000 dollars

Pentoshi, a pseudonymous analyst tells Sei, the native token on layer-1 Blockchain Sei (), has 822 400 followers.SEIThe upcoming.

“SEI is another one that not only looks great with a high timeframe flip and clear invalidation, but also holding up very well like many alts on this BTC pullback. Here is the daily and weekly. Just to compare to a similar setup shared [on November 23rd]. When BTC chills out, alts should continue up.”

Source: Pentoshi/X
Image
Source: Pentoshi/X

SEI currently trades at $0.69, an increase of 12.9% over the past 24 hours.

The Analyst is The following are some of the reasons why you should consider hiring someone else bullish Celestia is a modular blockchain network (TIAAfter the native token broke its resistance around $7.00.

“Really strong, and we should see it continue higher.”

Image
Source: Pentoshi/X

TIA has traded at $8.22, an increase of 3.9% over the past 24 hours.

The Analyst believes Altcoins are likely to start performing better than Bitcoin. He shows a graph of Bitcoin Dominance, which suddenly fell out of 60%. BTC.D tracks what percentage of the crypto market capital is Bitcoin. BTC.D charts that are bearish suggest altcoins will soon surpass Bitcoin.

“Looks a lot more convincing 1732711998 and our large/mid caps have made some decent moves in terms of both USD and BTC pairs.”

Image
Source: Pentoshi/X

BTC.D has a hovering 58.61% when writing this.

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Source: dailyhodl.com

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