Popular crypto analyst believes one of the top 30 altcoins is preparing for a massive rally.
Altcoin sherpa, a pseudonymous expert on social media, told his 240.200 followers that HYPE (the utility token from the decentralized perpetual exchange Hyperliquid) may double its value in this cycle.
The pumping up to $50 is going to be a great moment for HYPE. Hyperliquid. Hyperliquid.jpg One of my bags .”
The trader’s four-hour chart shows that HYPE looks bullish. It has traded in a range between $18.53 and $26.57 and is trading above the exponential moving averages.
HYPE currently trades at $23.20, an increase of 4.9% over the past 24 hours.
The trader believes that Solana’s (SOL), the Ethereum (ETH), competitor, has room for more growth as it threatens to break the resistance level of $260 on the weekly chart.
Uncertain if this outperforms BTC but I think the past few weeks that it’ll keep outperforming ETH unless some serious changes happen.” It’s hard to say if it outperforms BTC, but in the last few weeks I believe that it will continue to outperform ETH until some major changes occur .”
SOL has risen 1.8% to $255 in 24 hours.
The trader also says that, despite the recent correction in the price of Fartcoin FARTCOIN, he is still bullish. Fartcoin is a memecoin which incorporates a framework of artificial intelligence for the purpose of creating ideas and content.
This nuked just like the rest of market. The over-the counter news about FARTCOIN is confusing, but this meme still works for me.
I took some of the positions off but am still in many. This is an ugly move in general and I will re-evaluate my position. Fartcoin is still a bull but I will not roundtrip this .”
FARTCOIN currently trades for $1.26, down 12.2% over the past 24 hours.
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The post Analyst Says that a ‘Glorious Pump’ is Coming for Altcoins in the Top-30, and Outlines a Path for Solana & Fartcoin will be updated as new information becomes available.
