Altcoin Sherpa Projects Potential All-Time Highs For FTM, SOL And ONE
A prominent crypto analyst and trader, known as Altcoin Sherpa, projects that the Ethereum rival Fantom (FTM) looks ready for all-time highs. He also looks into Solana (SOL) and Harmony (ONE).
Fantom (FTM)
Altcoin Sherpa shared with his 165.2K followers on Twitter that Fantom, a highly scalable blockchain for enterprises, is looks ripe to clear an important resistance area above $3.00, which would take it to new all-time high.
“This is going to break soon. I don’t know when or how but this is a bull flag in my opinion. Too strong of fundamentals right now… $3.50 is next up in my opinion. Strooooong coin.”
At time of writing, FTM pulled back to $2.97, after visiting $3.35 few hours earlier.
Solana (SOL)
Altcoin Sherpa is also looking into Solana (SOL), a blockchain focused on being scalable while remaining secure and decentralized. According to the crypto analyst, SOL appears ready to bounce back to $170 levels after holding a key support level.
“SOL: seems like this current area was support; makes sense given it’s the 200-day exponential moving average and the last area of true consolidation in September. Expecting at least a lower high to $170.”
$SOL: seems like this current area was support; makes sense given its the 200D EMA and the last area of true consolidation in September. Expecting at least a lower high to $170. #Solanapic.twitter.com/gbAJGnr8VA
At the time of writing, SOL is trading at $141, down 4% on the daily chart.
Harmony (ONE)
The analyst is also looking into Harmony (ONE), a blockchain focused on powering a decentralized economy. Harmony is one resistance away from soaring a fresh all-time high, he says.
“ONE: The levels seem pretty clean to me personally; it just cleared one level of resistance and going for all-time highs. I would personally wait until this dips a bit more before buying, but it looks very, very strong.”
$ONE: The levels seem pretty clean to me personally; it just cleared 1 level of resistance and going for all time highs. I would personally wait until this dips a bit more before buying but it looks very very strong. #ONEpic.twitter.com/JPpbkpptMs
