Altcoin Sherpa just dropped some crypto wisdom on us, and it’s got the community buzzing. With over 200k followers on X, this mysterious analyst is foreseeing a blast from the past for two altcoins.
STX Ready for Liftoff: All-Time Highs Incoming
First up on the radar is Stacks (STX). Altcoin Sherpa believes it’s about to break free from its two-year slumber and skyrocket beyond its recent peak of $1.73. For those not in the know, Stacks is on a mission to make smart contracts and decentralized finance (DeFi) a reality on Bitcoin (BTC). Currently chilling at $1.61, STX seems to be stirring, having hit an all-time high of $3.39 back in December 2021.
Lido DAO (LDO) – The Dark Horse Making a Move
The Sherpa’s second pick is Lido DAO (LDO), a project making it easy for users to stake Ethereum (ETH) without the hassle of locking up assets or managing infrastructure. According to the mysterious charts, LDO is gearing up to smash through the $3.89 barrier, a height it last conquered in April 2022. Priced at $3.28 now, it’s down a bit in the last 24 hours, but let’s not forget it once soared to $7.30 in August 2021.
However, it’s not all sunshine and rainbows. Altcoin Sherpa throws a caution sign at Solana (SOL). After a wild rally past $120, SOL might be taking a breather. The Sherpa suggests we buckle up for a potential dip between $84.50 and $71.67.
“SOL: Sure, it might bounce back up with all that liquidity, but I reckon it needs a timeout. Don’t be shocked if it takes a stroll down to the $70-$80 neighborhood.”
As of now, Solana is hanging out at $102.42, showing a slight uptick in the last 24 hours. Stay tuned, crypto adventurers!