A broadly adopted crypto strategist says one Solana (SOL) rival could also be gearing up for a breakout.
Pseudonymous analyst Altcoin Sherpa tells his 215,200 followers on the social media platform X that layer-one blockchain Sei (SEI) could reverse to the upside after retesting a key stage.
“Cash like SEI are at pivotal areas. 200-day exponential transferring common (EMA), .618 Fibonacci stage of your complete transfer up. In all probability good locations to bid should you just like the tech. I’m personally staying away from this one nevertheless it may very well be an honest commerce. Going to be closely depending on BTC, clearly.”
SEI is buying and selling for $0.56 at time of writing, up greater than 4% within the final 24 hours.
Subsequent up, the analyst says memecoin Pepe (PEPE) could have discovered a market backside after correcting.
“PEPE: appears actually scary however many altcoins are at some respectable assist ranges. Let’s see in the event that they maintain.”
Pepe is buying and selling for $0.00000551 at time of writing, up 1% within the final 24 hours.
Subsequent up, the analyst says that the governance token of the decentralized finance protocol Ethena (ENA) could have discovered assist on the $0.938 stage and will begin to rally.
“ENA: purchased extra as we speak. I like this stage and it didn’t transfer an excessive amount of given BTC volatility. Going to be rekt or this shall be good, I don’t know.”
Athena is buying and selling for $0.98 at time of writing up greater than 8% within the final 24 hours.
Lastly, the analyst says {that a} bullish sample of upper lows could also be forming on the four-hour chart for Celestia (TIA), a blockchain designed to allow nearly anybody to launch their very own decentralized community simply and cheaply.
“TIA: to be sincere, if in case you have balls of metal, I’d strive longing TIA round right here. I don’t know if the snapshot is already taken and that is simply short-term bullish stuff, but when there may be any sustainability with [April 16th’s] pump, this shall be an excellent time to enter. Seeing reactions for cash like TIA, which have been sturdy [April 16th], shall be a great way to view how your complete market is.”
TIA is buying and selling for $10.82 at time of writing, up almost 8% within the final 24 hours.
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