According to the altcoin super-cycle analyst that has emerged, here are the 4 coins to watch out for

- Advertisement -

A prominent crypto analyst says that a super cycle for altcoins has begun and he is eyeing four cryptocurrencies with high potential for big gains.

In a new video, Nicholas Merten tells his 489.000 YouTube subscribers that while crypto king Bitcoin (BTC) looks a bit sluggish, growth for altcoin projects is likely to pick up. significantly.

Nicholas Merten
- Advertisement -

“As we go deeper into the bull market, as seen in all other bull markets such as equities, commodities and the forex market, there will be more liquidity, more capital, and more craziness when it comes to valuing altcoins… 

No matter where Bitcoin goes, altcoins are the focus here.”

This analyst is interested in decentralized finance platforms AAVE (AAVE), the coin has seen a 63% gain against Bitcoin (AAVE/BTC) over the past 12 days.

“A major breakout in price is here revisiting levels not seen since October 7 and the previous low [10 BTC] in June 0,005727.

If Aave can break through this range… that will set the stage for AAVE to have another seismic wave, as we saw in January as well as May 1.”

AAVE is currently up nearly 5% in 24h to $288,43 and has spiked from a weekly low of $180,83.

He has almost 500.000 followers on his Youtube channel

Merten is also looking at crypto exchanges Uni swap (UNI), he noted that is also bullish against BTC after a slow price drop during the summer and fall months. He said that UNI has the ground to continue for another breakthrough higher.

UNI's price jumped nearly 13% to $20,02.

Crypto analysts also take notice Yearn.Finance, which skyrocketed recently after the project made a massive buyback of YFI tokens.

“One of the standout protocols in the crypto space, up 62%…in just the last 12 trading days.”

YFI continues its positive momentum, up 4,80% on the day and trading for $33.423.

Merten ends her video with Radix (XRD), Layer 1 DeFi protocol, developer-friendly.

“Radix was able to create new support at previous resistance and in the past two weeks, Radix has risen from around $0,22 to $0,30. It is starting to pick up momentum for the next rally here. Radix is ​​a project that is only in the early stages of implementation, it will continue to explode strongly. "

Radix is ​​up more than 12% on the day to $0,32.


See more:

5/5 - (1 votes)
- Advertisement -

COMMENT

Please enter your comment
Please enter your name here

This website uses Akismet to limit spam. Find out how your comments are approved.

Maybe you are interested

STEPN officially opens earn GMT in the next 24 hours

After months of planning and testing, the hit move to earn game STEPN officially allows users to earn...

3313 Bitcoins Transferred from Luna Foundation Guard following Do Kwon's arrest warrant

According to reports, ~3313 Bitcoins worth over $69 million were transferred from Luna Foundation Guard to two...

Acala burns $2,7 billion mistakenly minted in stablecoin aUSD

A total of 2,97 billion aUSD mistakenly minted has been recovered following the incident. Acala Network announced yesterday that...

GPU prices in China fall to historic lows after The Merge

Now when The Merge happens, a lot of GPU owners are losing a lot of money.The Merge changed Ethereum from...

Do Kwon: 'I'm not running away, I'm still coding in the living room'

After being globally wanted by Interpol, Terraform Labs Co-Founder, Do Kwon still insists that he hasn't run away. Recently,...

Related posts

- Advertisement -