Trader’s Outlook on Exploding Altcoin and Solana

Bittensor (TAO)

  • Altcoin Sherpa, a crypto analyst, believes Bittensor (TAO), an AI-focused blockchain platform, could rise 33% from its current value.
  • TAO has already surged 880% since October 16th, trading at $450.89 at the time of writing.

Solana (SOL)

  • Altcoin Sherpa remains bullish on Solana (SOL), an Ethereum competitor, but warns of a potential retest of Fibonacci retracement levels at $84.67 or $71.81.
  • SOL is currently trading at $101.11, up 4% in the last 24 hours.

Chainlink (LINK)

  • Altcoin Sherpa is also optimistic about Chainlink (LINK), a blockchain oracle provider.
  • He predicts LINK will soon flip a key resistance level at $18.70 into support.
  • LINK is currently trading at $19, up nearly 4% in the last 4 hours.