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Crypto Analyst Predicts Corrections for Solana (SOL), Avalanche (AVAX) and Cosmos (ATOM) – Here Are His Targets

A preferred crypto strategist recognized for his well timed altcoin calls warns {that a} trio of digital property may see extra pullbacks.

Pseudonymous analyst Altcoin Sherpa tells his 181,900 Twitter followers that sensible contract platform Solana (SOL) is probably going headed to revisit its vary low of $25.

“I believe a run at these $25 lows is coming. If we view this as an accumulation vary (I personally am skeptical), these lows are getting tapped once more. And, if we simply assume it’s bearish, then these lows (and even decrease) are coming too. So yeah, decrease it doesn’t matter what.” 

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Supply: Altcoin Sherpa/Twitter

At time of writing, SOL is buying and selling for $32.33. A transfer to Altcoin Sherpa’s goal represents an over 22% draw back danger for the Ethereum (ETH) competitor.

Subsequent up is fellow sensible contract platform Avalanche (AVAX). Altcoin Sherpa predicts that AVAX will seemingly revisit its bear market lows at round $14.

“You’re going to get your likelihood to purchase decrease, regardless if this space is the underside OR if worth simply continues manner decrease. Be affected person.”

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Supply: Altcoin Sherpa/Twitter

At time of writing, AVAX is swapping fingers for $19.30, up practically 6% on the day.

The crypto strategist can be watching the worth motion of Cosmos (ATOM), an ecosystem of blockchains designed to scale and talk with one another. Altcoin Sherpa sees ATOM correcting and printing a bullish greater low setup at round $8.

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Supply: Altcoin Sherpa/Twitter

At time of writing, ATOM is valued at $11.67, up over 12% within the final 24 hours.

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