Jason Pizzino Identifies 5 Altcoins With Potential To Break All-Time Highs

According to Jason Pizzino, a popular crypto analyst and trader, five select altcoins have the potential to break new all-time highs.

Polkadot (DOT)

Pizzino told YouTube channel Crypto Tips, that he’s bullish on DOT, the native asset for smart contract platform Polkadot. At the time of writing DOT is trading at $42 range at time of writing. It’s previous all-time high is from May this year when the asset traded at $49.35. The analyst believes that DOT could soon be at $53.

Cardano (ADA)

The next altcoin on the trader’s list is the native token for smart contract platform Cardano (ADA). According to him ADA needs a break out from the current trend before starting ascend.

“I think we’ll get to a new all-time high eventually, but at the moment it’s still got this trend to finish and then break out of.”

At the time of writing ADA is trading at $2.00 at time of writing, up 3.8% on a daily chart.

Polygon (MATIC)

Pizzino is looking into MATIC, the native token for the Ethereum (ETH) scaling solution Polygon, as another potential altcoin to reach new highs. At the time of writing MATIC is trading at $2.19, with 20% gains on a daily chart and up 45% on weekly chart.

According to Pizzino’s prediction MATIC could be on its way to a new all-time high, breaking the current ATH $2.62 from May this year.

The Graph (GRT)

Pizzino pointed out that the native token GRT of the indexing protocol The Graph, is “finally starting to make its move.”

The crypto asset is trading at $0.95 at time of writing, up 1.5% in weekly chart. The analyst opined that traders might want to look for a “safer entry” to see if the GRT makes it above $1.10.

GRT hit its current all-time high in Feruary this year, when the asset traded for $2.84.

Aave (AAVE)

Pizzino also looked into lending and borrowing protocol Aave. While, the analyst doesn’t see the protocol’s native asset AAVE as a strong play yet, he highlights that it could be in the early stages of making a move.

“Of course, the lower you are down, the higher risk it is.”

At the time of writing, AAVE is trading at $340 at time of writing, up 7.7% in the weekly chart. According to Pizzino, traders should wait and see, if the AAVE is able to break out above the $360 range.