A popular crypto analyst, known as Altcoin Sherpa, thinks a little-known cryptocurrency called Zilliqa (ZIL) could be about to explode. He’s watching its price chart closely and thinks it might follow the lead of another coin, dogwifhat (WIF), which has seen a huge jump in price recently.
Zilliqa (ZIL) Looks Promising
“If WIF is doing this well, just wait until ZIL catches up!” Sherpa exclaimed on social media. He believes Zilliqa has a lot of potential for growth. ZIL is currently trading at $0.0167, up 15.1% in the past week.
Dogwifhat (WIF) Could See a Dip
While Sherpa is excited about Zilliqa, he thinks dogwifhat (WIF) might be due for a bit of a cooldown. WIF is currently trading at $2.30, up over 3% in the last 24 hours. “I wouldn’t bet against WIF, but I wouldn’t be surprised if it dips a bit in the short term,” he said.
Bitcoin (BTC) Could Be Turning Bullish
Finally, Sherpa is optimistic about Bitcoin (BTC) too. He believes it could be forming a bullish pattern on its daily chart. If Bitcoin stays above $65,000, it could signal a significant change in the market. “This would be the first time we’ve seen a bullish market structure since March,” he said. Bitcoin is currently trading at $66,147, up 1.3% in the last 24 hours.
Disclaimer: This information is for educational purposes only and should not be considered investment advice. Always do your own research before making any investment decisions.
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