Crypto Analyst Predicts New All-Time Highs For Solana And Two Altcoins, Says Bottom Is For 2 Other Crypto Assets

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A widely followed crypto strategist and trader said Solana and two other altcoins are set to print new all-time highs while predicting the bottom for two more crypto assets.

Pseudonymous trader Smart Contract predicts that smart contract platform Solana is gearing up for another explosive price spike en route to a new all-time high.

“SOL absolute record (ATH) baby let’s go. $ 300 to come.

Source: smart entrepreneur / Twitter

Smart Contract’s prediction is based on its analysis that Solana will follow in Binance Coin’s footsteps when it rose from around $ 50 at the start of the year to an all-time high of $ 691.

“If SOL follows BNB’s run, it can go up to $ 900.”

Source: smart entrepreneur / Twitter

Another piece on the trader’s radar is competitor Ethereum Avalanche (AVAX), which he says is about to take a big step after its corrective phase ends.

“That should be the race to ATH, because enough longs are shaken and all of the focus is back on SOL. I think $ 100 or 130% from here should be pretty easy.

Source: smart entrepreneur / Twitter

Next, the Synthetix Network Token (SNX), a cryptocurrency that powers the trading of synthetic assets. According to Smart Contract, SNX has almost completed its accumulation phase and is ready to start its uptrend.

“I also think SNX has bottomed out and is going to ATH from here to clean ABC daily from the March highs. A clear 1-2 base / build structure might take more time to build up, but Decentralized Finance (DeFi) should receive an offer in the coming weeks.

Source: smart entrepreneur / Twitter

The crypto analyst relies on Elliott Wave Theory, a technical analysis approach that predicts future price action by following the psychology of the crowd manifesting in waves. According to theory, a bull cycle goes through five distinct waves. Based on the number of five waves of Smart Contract, SNX can reach $ 35, which represents a potential upside of over 230% from its current price of $ 10.50.

When it comes to the crypto strategist’s lowest choices, Smart Contract keeps an eye on Curve (CRV), the governance token of the decentralized exchange stablecoin Curve Finance. According to the crypto analyst, CRV is showing signs that are poised to double its value against the US dollar, Bitcoin and Ethereum.

“Lots of hate for DeFi right now as it has underperformed, but major weekly SFPs (swing failure pattern) / reversals are forming on BTC and ETH pairs for CRV.”

Source: smart entrepreneur / Twitter

The last coin on the traders’ list is the Polygon Blockchain Scaling Solution (MATIC), which it says is poised to reverse its downtrend and climb all the way to $ 2.50.

“Need shorter time to confirm but probably, more than likely, that was the bottom line.”

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