Six cryptoassets are considered the most promising in the race for digital assets by a trader who is well-known for his timely altcoin predictions.
The Flow Horse, a pseudonymous analyst on Telegram, tells subscribers that there are six altcoins ahead of crypto including projects from the memecoin (memecoin) and layer-1 sectors.
TAO is leading AI, but memes are diverse. Wif, Bonk, Pepe. Sei and Sui are still going strong. Diversifying outside this top pack is not something I’d do until it becomes obvious to the market. “Be late in making that change, if necessary.”
The Flow Horse believes that despite the recent crypto corrections, the drop is not a sign that altcoins with strong gains are prepared to surrender most of their gains over the past few weeks.
“Anything super-strong will likely see a cooling down, not a reverse. Although I’m not certain of its magnitude or depth, I feel pretty confident in the direction. If previous daily pivots are still valid (i.e., the idea that major resistance has turned into support), I don’t see any reason to worry .”
The trader zooms into the memecoin Pepe to demonstrate how the strong coin has flipped an old resistance into support after the pullback.
Keep an eye out for anything showing signs of strength and any inflection points that are near.
e.g. Pepe…
“If markets tighten and uncertainty returns, then this level is what you should be at.”
PEPE, at the time this article is written, trades for $0.0000929, up from a 24-hour low of $0.00000983.
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