A popular crypto analyst, known as Altcoin Sherpa, is feeling optimistic about the future of crypto. He’s predicting a major rally, which he calls a “full send,” sometime in December or early next year.
Bullish on Crypto, But Cautious on Ethereum and Solana
While he’s bullish on the overall market, Sherpa is a bit more cautious about Ethereum (ETH) and Solana (SOL). He sees some potential for ETH to bounce back, but isn’t completely convinced. He’s keeping an eye on the $2,200 – $2,400 price range, as it’s a key support level.
For Solana, Sherpa believes the support at $125 is getting weak. He thinks it’s better to wait for a dip to around $110 before buying in. He advises against buying at the bottom, as it’s risky.
Timing is Key
Sherpa expects some market volatility in September and October, followed by some false breakouts in November. He believes the “full send” will happen by December or January 2024.
Remember: This is just one analyst’s opinion. Always do your own research before investing in crypto.
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