Altcoin Expert Predicts Bright Future for Toncoin, Cautions on Solana

A well-known trader and analyst, Altcoin Sherpa, believes that the altcoin Toncoin (TON) has a strong future despite the current market downturn. He highlights its recent all-time high and positive chart pattern.

Solana May Face Headwinds

However, Sherpa warns that Solana (SOL) may be vulnerable against Ethereum (ETH). He believes that the current hype surrounding Solana is unsustainable and that ETH is likely to continue outperforming it.

Render Could Retest Support Level

Sherpa suggests that Render (RNDR) could retest its support level at $6.03. He recommends waiting for a price dip before investing in RNDR.

Ethereum to Reach New Heights

The analyst predicts that Ethereum will eventually break through its current resistance zone and reach new all-time highs. He considers it a relatively safe investment despite potential short-term setbacks.