A popular crypto analyst, known as Altcoin Sherpa, is predicting good things for AI-focused altcoins. He’s particularly bullish on Bittensor (TAO), saying it’s showing a clear upward trend after breaking out of its long-term trading range.
Bittensor (TAO)
“TAO never dropped to the range low,” Sherpa said on X (formerly Twitter). “Expansion and clear bull trend now, in my opinion. Dips are for buying.” TAO is currently trading at $488.88, up 5.20% in the last day.
Fetch.ai (FET)
Sherpa is also optimistic about Fetch.ai (FET), the native asset of the Artificial Superintelligence Alliance. He’s waiting for a slight dip before buying in.
“I think $1.50 could be a good entry point, but it’s a bit aggressive,” he said. “If you’re patient, you can wait for $1.37. I’d probably buy some at $1.50 personally.” FET is currently trading at $1.62.
Celestia (TIA)
Sherpa is watching Celestia (TIA), a layer-1 modular blockchain, closely. He noted that it recently had a significant pullback near its 100-day moving average.
“I’d target $5.11 for first entries if you like this one,” he said. TIA is currently trading at $5.42, down 7.34% in the last 24 hours.
Popcat (POPCAT)
Finally, Sherpa is keeping an eye on Popcat (POPCAT)
“POPCAT breaks soon after a bit of a pullback,” he said. “Bullish on all the beta that comes with it.” POPCAT is currently trading at $0.923, up 4.42% on the day.
Remember: This is just one analyst’s opinion. Always do your own research before investing in cryptocurrencies. /p>
