TOP analyst names explosion at 3 altcoins and says SHIB still has growth potential

A prominent analyst says the Shiba Inu coin meme could continue to move higher while predicting rallies for three other altcoins.

The person known in the industry as Altcoin Sherpa told his 138,500 Twitter followers that Dogecoin competitor Shiba Inu (SHIB) was preparing to rally to an all-time high of $ 0.0005.

“SHIB: I will buy with every correction. I think there is still a lot of room to grow. “

The source: Altcoin Sherpa / Twitter

At the time of writing, SHIB is trading at $ 0.000041, according to CoinGecko, up nearly 10% over the past 24 hours.

Another coin on the analyst’s radar is the Fantom (FTM) smart contract platform. He said Fantom is still in a strong uptrend on the Bitcoin (FTM / BTC) pair as the pair continues to form a bullish market structure.

“FTM: I think you should watch out for the FTM / BTC pair as it corrects … I’m still looking forward to this; The trend is still very strong. “

The source: Altcoin Sherpa / Twitter

As for the Fantom USD pair, the crypto strategist believes Fantom will go higher as long as Bitcoin (BTC) sticks to its bullish structure.

“FTM / USD could continue to rise as long as BTC is okay.”

Source: Altcoin Sherpa / Twitter

Next up is Polygon (MATIC), a Layer 2 scaling solution from Ethereum. The analyst said he expected MATIC to break above the $ 1.64 resistance level after testing the zone four times in the past few months.

“MATIC: I think it will overcome this resistance. A strong rally to the ATH followed. “

The source: Altcoin Sherpa / Twitter

The last coin on Altcoin Sherpa’s list is WOO Network (WOO), a trading platform that enables cryptocurrency transactions to be made for free.

He said the altcoin is for long-term investment as it can climb to $ 2.50, a potential increase of more than 113% from its current price of $ 1.17.

“Added some Fibonacci targets when it entered the pricing phase. I love this project very much and will keep it for a long time. “

The source: Altcoin Sherpa / Twitter

You can see the coin prices here.

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Disclaimer: This article is for informational purposes only, not investment advice. Investors should research carefully before making a decision. We are not responsible for your investment decisions.

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