Altcoin Sherpa Projects Steep Pullbacks For WAVES, APE, ZIL
According to popular crypto analyst, known as Altcoin Sherpa, three altcoins: Waves (WAVES), ApeCoin (APE) and Zilliqa (ZIL) are likely to go through heavy corrections.
Waves (WAVES)
The analyst shared with his 171.5K followers on Twitter followers that he sees multi-purpose blockchain platform Waves to correct down to $20 levels.
Looking into ApeCoin, an altcoin created for the Bored Ape Yacht Club non-fungible token (NFT) community, the analyst predicts that APE is likely to fall down to $9.50 levels.
“APE: Long out of my position; would be willing to buy this one much lower. 8bucks or so. There should be a bounce at 9.50ish though, likely a good scalp entry.”
$APE: Long out of my position; would be willing to buy this one much lower. 8bucks or so. There should be a bounce at 9.50ish though, likely a good scalp entry. #APECOINpic.twitter.com/KbhFA8moUh
The third altcoin that Altcoin Sherpa is projecting downside is Zilliqa (ZIL) – a smart contract-enabled blockchain for enterprise solutions. According to him, ZIL could correct down to $0.11 after a recent rally that took it $0.05 to $0.218 in couple of days.
“Better to short these types of coins than BTC if you think BTC is bearish. Reason is that these had their blowoff tops already and will likely go down if BTC pumps and dump even harder if BTC dumps. Target =$0.11.”
Short $ZIL , didn't get my asks filled higher though in the 16s 🙁
better to short these types of coins than $btc if you think btc is bearish. reason is that these had their blowoff tops already and will likely go down if btc pumps and dump even harder if btc dumps. Target =.11 pic.twitter.com/mlhlag2E7y
