An analyst who is widely followed and a trader who has expressed bullish views on Bitcoin.BTCHe also shared his thoughts on a Solana-based memecoin.SOL) blockchain ecosystem.
The Altcoin Sherpa analyst begins with Bitcoin. tells His 219,000 Twitter followers believe that Bitcoin’s price will soon reach six figures.
“There will be bumps long the way but the road for BTC to $100,000 is programmed. Don’t get shaken out and lose yourself along the way.”
Bitcoin has a current value of $66,236.
According According to a widely-followed trader, Bitcoin is well supported between $63,800 and $65,000, where the 25 exponential moving averages are clustered.
Popcat is a Solana-based memcoin.POPCAT). The pseudonymous analyst and trader says POPCAT, a memecoin from the feline family is amongst the most popular. “better ones” Over the long-term.
Altcoin Sherpa however says that in the short term, POPCAT looks bearish when viewed on the 4-hour timeframe. It needs to move above a low range that is between $0.694-$0.724 to stop further falling.
POPCAT was trading at $0.00379 on January 5th and is now at $0.704 – a gain of approximately 18,475%.
Altcoin Sherpa offers his perspective on dogwifhat as well (WIF(), is a memecoin based on Solana. According WIF is the pseudonymous analyte “still looks pretty good for now” The four-hour period is a good timeframe to work with. “better” Around $2.10 is the support zone.
“Would probably average in from $2.30 – $2.10 if I were you and swing trade this one.”
WIF was trading for $2.27 as of the time this article is written.
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Source: dailyhodl.com
