The optimistic predictions about the prices for some altcoins continue to drop in the crypto space.
The latest ones are about Solana and two other altcoins, and they have been revealed by the online publication the Daily Hodl.
Three bullish predictions for altcoins
The website mentioned above notes that a popular crypto strategist and trader says Solana and two other altcoins are poised to print new ATHs.
Pseudonymous trader Smart Contracter said that smart contract platform Solana is gearing up for another explosive price surge and it’s on the right track for a new ATH.
“SOL all-time high (ATH) baby let’s go. $300 coming up.”
What he predicted is reportedly based on his analysis that Solana will follow the footsteps of Binance Coin when it rallied from about $50 at the start of the year to an all-time high of $691.
“If SOL follows the run BNB had, it can go to $900.”
Another digital asset that he is checking out is Ethereum competitor Avalanche (AVAX). He said that this coin is poised for a big move after ending its corrective phase.
“This should be the run to ATH, as enough longs are shaken out and all focus is back on SOL. I suspect $100 or 130% from here should be fairly easy.”
He is also addressing the price for Synthetix Network Token (SNX), a crypto that powers the trading of synthetic assets.
He said that SNX is nearly done with its accumulation phase and is ready to launch its uptrend.
“I also think SNX bottomed and going to ATH from here clean ABC down on daily from March highs. Clear 1-2 basing/accumulation structure might need more time to accumulate but decentralized finance (DeFi) should catch a bid in the next few weeks.”
Stay tuned for more news and make sure to keep your eyes peeled on the crypto market.