A popular crypto trader, known as Altcoin Sherpa, is bullish on Solana (SOL), an Ethereum rival, for the second half of 2024.
Solana’s Future:
Sherpa says he’s “pretty neutral” on Solana in the short term but expects it to perform well later this year. He thinks SOL is a good buy around $120-$170, but warns that the overall market needs to improve before it takes off.
Bitcoin’s Short-Term Outlook:
As for Bitcoin (BTC), Sherpa is optimistic for the next few days but unsure about the mid-term. He’s watching closely to see if BTC stays within its current trading range.
Celestia’s Potential:
Finally, Sherpa is keeping an eye on Celestia (TIA), a modular blockchain network. He’s looking to buy TIA at $6.00 or lower, as he sees a potential “bull flag” pattern, which often indicates an upcoming price surge.
Disclaimer:
Remember, this is just one trader’s opinion. Always do your own research before investing in cryptocurrencies.
