Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Strive Eyes 75,000 Mt. Gox bitcoin to build treasure chest prior to merger

2025-05-22

Validation Cloud implements AI -Engine on Hedera

2025-05-22

The price of Bitcoin affects ATH of $ 111,000 if open interest rises to $ 72 billion – details

2025-05-22
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Validation Cloud implements AI -Engine on Hedera

    2025-05-22

    Sony announces the Mavet launch of Soneium Blockchain

    2025-05-21

    Nitro Labs launches data anchor to lower the storage costs of Solana

    2025-05-21

    Zimbabwe rolls out blockchain-based carbon credit market system

    2025-05-21

    Kalp Network Partners with Luffa to stimulate Web3 Privacy and RWA access

    2025-05-21
  • NFT

    Guild of Guardians leads with a huge volume of $ 796.62k

    2025-05-20

    Solana Meme Coin Ponke Set to release assembly objects, clothing via Jcorp Spinout

    2025-05-19

    The most popular collections of the moment on blockchain

    2025-05-18

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Bitcoin price rays to New All Time Bulls takes the lead

    2025-05-22

    Mike Novogratz says that weakening dollars, broadening the shortage and the deteriorating financial situation of America ‘very good’ for Bitcoin and Crypto

    2025-05-21

    Does the XRP price mirror the Rally of 2017? Analyst points to agreements

    2025-05-21

    Bitcoin breaks $ 109k ATH to enter the price discovery again

    2025-05-21

    XRP – Price coil for an outbreak – is the next leg on hands?

    2025-05-21
  • Learn

    What Is a DEX (Decentralized Exchange)?

    2025-05-21

    Blockchain Explained: What It Is, How It Works and Why We Need It

    2025-05-21

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Analysis»Crypto Trader Says One Mid-Cap Altcoin ‘Looks Very Healthy’, Updates Outlook for Bitcoin, Ethereum and Solana
Analysis

Crypto Trader Says One Mid-Cap Altcoin ‘Looks Very Healthy’, Updates Outlook for Bitcoin, Ethereum and Solana

2023-09-30No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

A popular cryptocurrency trader believes that a mid-cap altcoin project shows high growth potential.

Pseudonymous crypto analyst Altcoin Sherpa tells his 196,400 followers on social media platform X, decentralized derivatives exchange Injective (INJ), are forming a bullish pattern.

“INJ: high timeframe higher low [price] is here. This looks very healthy.

I think this is one of the few that you can blindly buy dips for in the coming weeks.”

Image
Source: Altcoin Sherpa/X

Looking at his chart, the trader seems to think that INJ is in an uptrend and may eventually retest the resistance level at $9.88 and then $14.

Injective is trading at $7.50 at the time of writing, up 3.3% in the last 24 hours.

The trader too weighs in on Bitcoin (BTC) and Ethereum (ETH), the largest crypto assets are predicted to likely see a significant rebound soon, based on a historical pattern.

“Seasonality is very important to look for in crypto. BTC and ETH traditionally do extremely well sometime in the fourth quarter or first quarter of the following year.

It makes sense that people sell their stuff in December and buy it again in January. This happens even in the worst bear markets.”

Image
Source: Altcoin Sherpa/X

Looking at his chart, the trader identifies the times when he believes BTC followed the seasonal sell-off and rally pattern, with the last two peaks occurring in late 2022 and early 2023.

Bitcoin is trading at $26,904 at the time of writing, down 0.7% in the past 24 hours.

The trader also looks at Ethereum’s seasonality, to predict an ETH rally in the coming months.

See also  Bitcoin bears are feeling the heat as BTC is all set to reach $60,000

“ETH is also really outspoken. Sometimes the rally takes place in December, sometimes in January, sometimes in November.

But usually it’s a strong rally that lasts about a month and in that time we get some mini altcoin runs. Personally, I will be longing for November.”

Image
Source: Altcoin Sherpa/X

Ethereum is trading at $1,666 at the time of writing, up 0.5% in the past 24 hours.

Finally, the trader say Solana is once again testing a key resistance level, but it remains unclear whether SOL will manage to convert this into support.

“SOL: Not a great place to buy here in my opinion, [retesting] the 200-day EMA (exponential moving average) at the 4-hour mark [chart], but I think it will be very interesting to see where the next peak is reached. There could be a shift in market structure if we hit a higher high at the 4-hour mark [chart]. Watching but not enthusiastic yet.”

Image
Source: Altcoin Sherpa/X

Based on his chart, the trader seems to think that a bullish scenario would send SOL into the $21 range before a dip, while his bearish scenario sees SOL move back into the low $17 range.

Solana is trading at $20.24 at the time of writing, up 2.7% in the last 24 hours.

Don’t miss a beat – Subscribe to receive email alerts straight to your inbox

Check price action

follow us on Tweet, Facebook And Telegram

Surf to the Daily Hodl mix

Generated image: Midjourney



Source link

Altcoin Bitcoin Crypto Ethereum Healthy MidCap Outlook Solana trader Updates
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Strive Eyes 75,000 Mt. Gox bitcoin to build treasure chest prior to merger

2025-05-22

The price of Bitcoin affects ATH of $ 111,000 if open interest rises to $ 72 billion – details

2025-05-22

Bitcoin price rays to New All Time Bulls takes the lead

2025-05-22

BPI is releasing policy manifesto and urges us to train in Bitcoin infrastructure

2025-05-22
Add A Comment

Comments are closed.

Top Posts

Hashgraph sees the Q3 debut for Institutional Private Blockchain-based Institutional Private Blockchain

2025-04-01

AVNU Unveils Groundbreaking Community Token Initiative for a More Secure Starknet

2024-11-13

Uniswap Delists HEX Token After SEC Deems It An “Unregistered Security”

2023-08-02
Editors Picks

SEC weighs changes to Cryptody Custody Rule for investment advisers

2025-03-17

Orochi Network and XProtocol collaborate to transform Web3 Gaming

2024-12-11

Bitcoin’s Realized Limit Grows 13% in 30 Days: What’s Driving This?

2024-12-06

XRP exceeds 1 million transactions per minute after court ruling

2023-07-17
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Strive Eyes 75,000 Mt. Gox bitcoin to build treasure chest prior to merger

Validation Cloud implements AI -Engine on Hedera

The price of Bitcoin affects ATH of $ 111,000 if open interest rises to $ 72 billion – details

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$110,779.823.53%
  • ethereumEthereum(ETH)$2,626.992.92%
  • tetherTether USDt(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.401.79%
  • binancecoinBNB(BNB)$681.163.72%
  • solanaSolana(SOL)$176.954.51%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • dogecoinDogecoin(DOGE)$0.2401595.22%
  • cardanoCardano(ADA)$0.794.11%
  • tronTRON(TRX)$0.2719040.03%
  • suiSui(SUI)$4.095.59%
  • chainlinkChainlink(LINK)$16.332.57%
  • avalanche-2Avalanche(AVAX)$24.015.83%
  • hyperliquidHyperliquid(HYPE)$30.2214.37%
  • stellarStellar(XLM)$0.2973542.57%
  • shiba-inuShiba Inu(SHIB)$0.0000153.18%
  • hedera-hashgraphHedera(HBAR)$0.2012432.38%
  • bitcoin-cashBitcoin Cash(BCH)$414.873.69%
  • unus-sed-leoUNUS SED LEO(LEO)$8.870.67%
  • the-open-networkToncoin(TON)$3.152.63%
  • polkadotPolkadot(DOT)$4.822.44%
  • litecoinLitecoin(LTC)$98.493.37%
  • moneroMonero(XMR)$398.009.30%
  • bitget-tokenBitget Token(BGB)$5.261.74%
  • piPi(PI)$0.835.57%
  • pepePepe(PEPE)$0.0000142.74%
  • daiDai(DAI)$1.00-0.01%
  • ethena-usdeEthena USDe(USDE)$1.000.00%
  • bittensorBittensor(TAO)$472.2412.25%
  • uniswapUniswap(UNI)$6.32-1.47%
  • aaveAave(AAVE)$252.52-3.01%
  • nearNEAR Protocol(NEAR)$2.944.32%
  • aptosAptos(APT)$5.383.80%
  • okbOKB(OKB)$53.001.54%
  • ondo-financeOndo(ONDO)$1.004.99%
  • kaspaKaspa(KAS)$0.1171805.98%
  • ethereum-classicEthereum Classic(ETC)$19.414.60%
  • internet-computerInternet Computer(ICP)$5.472.97%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.520.71%
  • gatechain-tokenGateToken(GT)$21.810.91%
  • crypto-com-chainCronos(CRO)$0.0990532.36%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2486346.76%
  • vechainVeChain(VET)$0.0298854.13%
  • render-tokenRender(RENDER)$4.945.62%
  • mantleMantle(MNT)$0.750.44%
  • ethenaEthena(ENA)$0.4069633.90%
  • usd1World Liberty Financial USD(USD1)$1.000.05%
  • arbitrumArbitrum(ARB)$0.4225666.09%
  • algorandAlgorand(ALGO)$0.2364964.10%
  • filecoinFilecoin(FIL)$3.014.67%
  • bitcoinBitcoin(BTC)$110,779.823.53%
  • ethereumEthereum(ETH)$2,626.992.92%
  • tetherTether USDt(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.401.79%
  • binancecoinBNB(BNB)$681.163.72%
  • solanaSolana(SOL)$176.954.51%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • dogecoinDogecoin(DOGE)$0.2401595.22%
  • cardanoCardano(ADA)$0.794.11%
  • tronTRON(TRX)$0.2719040.03%
  • suiSui(SUI)$4.095.59%
  • chainlinkChainlink(LINK)$16.332.57%
  • avalanche-2Avalanche(AVAX)$24.015.83%
  • hyperliquidHyperliquid(HYPE)$30.2214.37%
  • stellarStellar(XLM)$0.2973542.57%
  • shiba-inuShiba Inu(SHIB)$0.0000153.18%
  • hedera-hashgraphHedera(HBAR)$0.2012432.38%
  • bitcoin-cashBitcoin Cash(BCH)$414.873.69%
  • unus-sed-leoUNUS SED LEO(LEO)$8.870.67%
  • the-open-networkToncoin(TON)$3.152.63%
  • polkadotPolkadot(DOT)$4.822.44%
  • litecoinLitecoin(LTC)$98.493.37%
  • moneroMonero(XMR)$398.009.30%
  • bitget-tokenBitget Token(BGB)$5.261.74%
  • piPi(PI)$0.835.57%
  • pepePepe(PEPE)$0.0000142.74%
  • daiDai(DAI)$1.00-0.01%
  • ethena-usdeEthena USDe(USDE)$1.000.00%
  • bittensorBittensor(TAO)$472.2412.25%
  • uniswapUniswap(UNI)$6.32-1.47%
  • aaveAave(AAVE)$252.52-3.01%
  • nearNEAR Protocol(NEAR)$2.944.32%
  • aptosAptos(APT)$5.383.80%
  • okbOKB(OKB)$53.001.54%
  • ondo-financeOndo(ONDO)$1.004.99%
  • kaspaKaspa(KAS)$0.1171805.98%
  • ethereum-classicEthereum Classic(ETC)$19.414.60%
  • internet-computerInternet Computer(ICP)$5.472.97%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.520.71%
  • gatechain-tokenGateToken(GT)$21.810.91%
  • crypto-com-chainCronos(CRO)$0.0990532.36%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2486346.76%
  • vechainVeChain(VET)$0.0298854.13%
  • render-tokenRender(RENDER)$4.945.62%
  • mantleMantle(MNT)$0.750.44%
  • ethenaEthena(ENA)$0.4069633.90%
  • usd1World Liberty Financial USD(USD1)$1.000.05%
  • arbitrumArbitrum(ARB)$0.4225666.09%
  • algorandAlgorand(ALGO)$0.2364964.10%
  • filecoinFilecoin(FIL)$3.014.67%