A prominent crypto trader believes that artificial intelligence (AI) altcoins are poised to rally in the coming months.
Top AI Altcoin Picks
The trader, known as Altcoin Sherpa, has identified several AI altcoins with potential for growth:
- Render (RNDR): A decentralized graphics processing unit (GPU) rendering blockchain
- Fetch.ai (FET): An AI and machine learning platform
- Arweave (AR): A decentralized data storage protocol
- RSS3 (RSS3): A decentralized information processing protocol
Patience and Accumulation
Altcoin Sherpa advises investors to be patient and accumulate these altcoins gradually. He believes there will be buying opportunities in the coming weeks.
Echelon Prime (PRIME)
The trader also expresses some bullishness towards Echelon Prime (PRIME), a web3 gaming ecosystem. He suggests accumulating PRIME in the $15-$11 range.
Technical Analysis
Altcoin Sherpa notes that PRIME’s technical analysis indicates a potential buying opportunity, with the 0.50 and 0.618 Fibonacci levels and the 200-day exponential moving average (EMA) providing confluence.
Disclaimer
The trader emphasizes that his opinions are not investment advice and investors should conduct their own research before making any decisions.
