Menu
  • Home
  • Cryptocurrency
  • Blockchain
  • NFT & Metaverse
  • Market & Analysis
  • ICO
  • Bitcoin
  • Altcoins
  • Ethereum
  • Litecoin
  • Dogecoin
en English
ar Arabiczh-CN Chinese (Simplified)nl Dutchen Englishfr Frenchde Germanit Italianpt Portugueseru Russianes Spanish
Home Altcoins

Crypto Trader Updates Outlook on Fantom and Two Altcoins, Warns of Potential Bitcoin Crash

Kingofmetaverse by Kingofmetaverse
October 22, 2022
in Altcoins
0
Crypto Trader Updates Outlook on Fantom and Two Altcoins, Warns of Potential Bitcoin Crash
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


A preferred crypto strategist is bearish on Fantom (FTM) and two different altcoins whereas warning of a possible Bitcoin (BTC) crash.

Pseudonymous analyst Altcoin Sherpa tells his 184,900 Twitter followers that good contract-enabled blockchain Fantom is collapsing.

“This one appears to be like horrible… I don’t see any signal of a backside at the moment.”

Supply: AltcoinSherpa/Twitter

Altcoin Sherpa can be bearish on Injective Protocol (INJ), a decentralized derivatives trade. He says he’s largely pulling out his funding resulting from a major promoting pattern.

“I’m principally out of my place round $2.02ish, I didn’t promote the highest. I wouldn’t be stunned if inexperienced field comes, appears to be like like sustained promoting now. It was a very good commerce with most entries within the $1.80 space.”

Supply: AltcoinSherpa/Twitter

The opposite altcoin on his radar is the decentralized utility (DApp) platform Close to Protocol (NEAR). He says its present value resistance is weak and will drip decrease.

“Haven’t checked this one shortly, this present space appears to be like very iffy. Value has to carry right here or it’s going to the mid/low $2s in my view.”

Supply: AltcoinSherpa/Twitter

Shifting his focus to Bitcoin, Altcoin Sherpa predicts Bitcoin will decline after it has traded across the $19,000 degree since June, saying there are three cheaper price ranges he thinks Bitcoin could retest primarily based on previous patterns.

“Listed below are some excessive time-frame ranges in each instructions. I feel you need to concentrate on the $16,000, $14,000, and $12,000 areas. I don’t know if that is going to hit these low ranges however I do suppose that you ought to be ready in the event that they do.”

Do not Miss a Beat – Subscribe to get crypto electronic mail alerts delivered on to your inbox

Examine Price Action

Observe us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

Check Latest News Headlines

&nbsp

Disclaimer: Opinions expressed at The Each day Hodl are usually not funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your personal threat, and any loses you could incur are your accountability. The Each day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital property, neither is The Each day Hodl an funding advisor. Please word that The Each day Hodl participates in affiliate internet marketing.

Featured Picture: Shutterstock/houchi





Source link

Related articles

Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases

Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases

February 2, 2023
Shiba Inu Price Prediction as SHIB Gets Accepted on New Virtual Prepaid Card – Time to Buy?

Shiba Inu Price Prediction as SHIB Gets Accepted on New Virtual Prepaid Card – Time to Buy?

February 2, 2023
Tags: AltcoinsBitcoinCrashCryptoFantomOutlookpotentialTraderUpdatesWarns
Share76Tweet47
Previous Post

Here’s Another New Book for Bitcoin Skeptics

Next Post

Aavegotchi (GHST) Rises 0.58%, Underperforms the Crypto Market Saturday

Related Posts

Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases

Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases

by Kingofmetaverse
February 2, 2023
0

(Bloomberg) -- Smaller cash led beneficial properties amongst cryptocurrencies Thursday on the again of investor optimism that central banks within...

Shiba Inu Price Prediction as SHIB Gets Accepted on New Virtual Prepaid Card – Time to Buy?

Shiba Inu Price Prediction as SHIB Gets Accepted on New Virtual Prepaid Card – Time to Buy?

by Kingofmetaverse
February 2, 2023
0

Regardless of a pullback from earlier session highs within the broader cryptocurrency market on Thursday, dog-inspired meme coin Shiba Inu...

Bitcoin Leads Market Momentum as Altcoins Turn Green

Bitcoin Leads Market Momentum as Altcoins Turn Green

by Kingofmetaverse
February 2, 2023
0

The constructive stance on crypto progress had numerous distinctive undertones from prime regulatory our bodies together with the Reserve Financial...

Tether, Ethereum & Bitcoin – American Wrap 10 November

Will Fed’s hawkish tone drive altcoin gains off a cliff?

by Kingofmetaverse
February 2, 2023
0

MAGIC, Optimism and Stargate Finance have rallied past 20% after the US Federal Reserve’s coverage assembly on Wednesday. Whereas MAGIC...

Crypto Analysts are Saying These Altcoins Have Huge Potential – Here’s Why

Crypto Analysts are Saying These Altcoins Have Huge Potential – Here’s Why

by Kingofmetaverse
February 2, 2023
0

Trent Rhode / Midjourney AIAfter reaching spectacular heights in late 2021, the world's largest cryptocurrency, Bitcoin, skilled a steep decline,...

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular

  • Trending
  • Comments
  • Latest

BDTCOIN Is Set To Launch Best Ever Revolutionized Gold Standard Currency

November 23, 2022
Reddit Users Created 3 Million Crypto Wallets to Scoop Up Polygon NFTs

Reddit Users Created 3 Million Crypto Wallets to Scoop Up Polygon NFTs

October 19, 2022
More Than 50% of Bitcoin Addresses Are Now in Loss – CoinDesk

More Than 50% of Bitcoin Addresses Are Now in Loss – CoinDesk

November 21, 2022
Best movies of 2022 on Bitcoin and blockchain

Best movies of 2022 on Bitcoin and blockchain

October 19, 2022
Musk Lifts Twitter Ban On Dogecoin Accounts; DOGE Pumps 7%

Musk Lifts Twitter Ban On Dogecoin Accounts; DOGE Pumps 7%

December 5, 2022
Sen. Warren leads probe of Bitcoin impact on Texas power grid, ERCOT use of demand response ‘subsidies’

Sen. Warren leads probe of Bitcoin impact on Texas power grid, ERCOT use of demand response ‘subsidies’

0
Bitcoin Paints A Red Picture For Major Altcoins

Bitcoin Paints A Red Picture For Major Altcoins

0
Cardano (ADA) May Fade into Obscurity Like EOS, Top Trader Claims

Cardano (ADA) May Fade into Obscurity Like EOS, Top Trader Claims

0
Joel Dietz on Creating Ethereum, MetaMask and MetaMetaVerse

Joel Dietz on Creating Ethereum, MetaMask and MetaMetaVerse

0
Trading Bot Known for Outperforming Bitcoin and Crypto Markets Details New Altcoin Selections, With Ethereum Allocation Surpassing Bitcoin

Trading Bot Known for Outperforming Bitcoin and Crypto Markets Details New Altcoin Selections, With Ethereum Allocation Surpassing Bitcoin

0
All the PFPs Invited on the Otherside Second Trip

All the PFPs Invited on the Otherside Second Trip

March 25, 2023
Spatial Metaverse Company Launches GDC Announcement Today

Spatial Metaverse Company Launches GDC Announcement Today

March 24, 2023
Yuga Labs Announces Second Trip on March 25th!

Yuga Labs Announces The Otherside 2nd Trip Captains

March 24, 2023
L’Oréal’s Brandstorm Competition Brings You To The Metaverse

L’Oréal’s Brandstorm Competition Brings You To The Metaverse

March 23, 2023
Magic Eden Refunds Users Affected By Unverified NFT Bug

Magic Eden’s Bitcoin NFT Marketplace is Live!

March 23, 2023