One of the most well-known crypto traders and strategists says that Solana (SOL), along with three other altcoins, are his top picks to hold for a longer period.
Altcoin Sherpa, a pseudonymous analyst on social media platform X tells 223,400 of his followers that SOL is likely to remain in an upward trend as long as $110 remains as a support.
The analyst also reveals his other “long-term picks” including the native token RLB of crypto gambling platform Rollbit, layer-1 protocol Saga, and Bittensor, a blockchain decentralized platform that is focused on AI and machine learning.
“Longer term buys: RLB” (shilled lots plus’real values’ plus NFL). SAGA chart is looking good. TAO for $200 (AI). I still think that SOL between $130 and $100 is a good price. .”
The analyst, focusing on SAGA suggests that it is trading within a range following a low.
Looks to have found a bottom and consolidating over three months, and ranging despite BTC being iffy.” It looks like the bottom has been found and it is consolidating and range-bound over the past three months despite BTC’s iffy .”
Solana currently trades for $133, an increase of more than 3% over the past 24 hours. RLB, SAGA, and TAO are all trading at $0.094 each, an increase of 9.34% for the day.
Analyst also shares his picks for “swing trading” including Helium, a Solana asset which uses hotspots in order to connect mobile devices to their network. He also mentions lending platform Aave, and Solana’s competitor Sui.
Analysts suggest that HNT may retest its lower levels after an abrupt breakout.
HNT has finally gotten into this. Someone is buying it or swapping and the chart looks bizarre. I have been trading this for some time and tweeted about it. Then, on the move lower recently, I bought. Holding for some time with orders below .”
HNT has fallen 7.3% over the past 24 hours to $7.61.
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Sources of Images include Pixabay Creative Commons & Midjourney
The post, Trader Says Solana And Three Other Altcoins are His Picks For Long-Term Accumulation can be updated as new information becomes available.
