Crypto analyst Altcoin Sherpa believes Solana (SOL) is poised for a rally after holding support at $120. He notes that SOL has maintained its 200-day exponential moving average (EMA), indicating potential upside.
Bitcoin Remains Uncertain
Altcoin Sherpa says Bitcoin (BTC) is still lacking a clear trend, trading sideways between $56,544 and $73,794. He recommends staying neutral until a trend emerges.
Polkadot Outlook Turns Bearish
The analyst has turned bearish on Polkadot (DOT), citing a weak chart. He suggests that DOT could bounce to $7 before falling to $6.40.