Cryptocurrency analysts and popular traders have predicted a strong breakout of the rival Ethereum Phantom (FTM), saying that another ETH competitor is poised for a rally.
Crypto strategist Altcoin Sherpa has added 165,100 followers on Twitter to Fantom, a highly scalable blockchain for businesses. Get out A huge resistance area above $3.00 is on its way to a record high.
“This is going to break soon. I don’t know when and how to do it, but this is a bullish flag in my opinion. The fundamentals are very strong so far… $3.50 is next in my opinion. It is a Strooooong coin.”
As of this writing, the FTM is trading at $3.24, an increase of nearly 10% in the past 24 hours.
Next up is Solana (SOL). This is a blockchain focused on making it scalable while maintaining integrity and decentralization. Altcoin Sherpa says SOL looks ready to spark a rally after respecting key support levels.
Sol: It seems that this current area has been supportive. It makes sense given that it’s a 200-day exponential moving average and the last true integration zone in September. At least $170 USD. I expect a lower price. “
Another coin on the Altcoin Sherpa list is Harmony (ONE), a blockchain focused on driving the decentralized economy. According to cryptocurrency analysts, the harmony is one resistance away from smashing record highs.
“One: The level looks nice to me. It only removed one level of resistance and targeted the all-time high. Personally, I would wait for it to go down a bit before buying. It looks very solid.”
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