Cointime

Download App
iOS & Android

Crypto Trader Identifies Ethereum-Based Altcoin with Potential for Double-Digit Surge

Altcoin Sherpa, a pseudonymous trader, has identified Maker (MKR), an altcoin based on Ethereum, as having the potential to surge by almost 30% from its current price. The trader believes that MKR has shown "immense strength" in the current market environment and could reach above $1,700 if it overcomes the resistance level of around $1,330.

Altcoin Sherpa also shares his thoughts on Bitcoin (BTC), stating that if BTC manages to climb back above the $29,750 resistance level, it could return to the $30,000 - $32,000 range. The trader also offers his outlook on Chainlink (LINK), considering it a "strong" altcoin and suggesting buying opportunities at roughly between $5.50 and $7.50.

Comments

All Comments

Recommended for you