Investors are looking at altcoins as the biggest cryptocurrency Bitcoin (BTC) is falling. Josh, the host of the Youtube channel CryptoBusy; He reviewed the technical analysis, key levels to watch out for, and price predictions, revealing the top 4 altcoin projects to explode. Here are the details…
Analyst drew attention to VRA and GLMR as Bitcoin plummeted
Cryptocurrency analyst Josh is the next generation primarily aimed at creating a fair system for content creators to earn from their work and get value for their ad spend He talked about Verasity (VRA), a video sharing platform. After entering the demand level on the VRA, we can expect the pattern to break through on the lower time frame. While the analyst states that the buy zone is making ATH, he states that the stop-loss value can be adjusted just below $0.075 for a good risk/reward. He thinks the altcoin will not fall below $0.012.
Secondly, talking about Moonbeam (GLMR), the analyst states that if GMLR starts to hit the $2.40 area, there will be an upward movement. For this reason, he says he believes the coin will hit an all-time high (ATH) of $16. He states that a random candlestick can lead to an increase of up to 55 percent.
What to expect for KCS and SNX?
The next altcoin on the list is KuCoin Token (KCS). KCS is the native token of the cryptocurrency exchange KuCoin. “There is a lot of potential,” the analyst says, noting the coin burns at KCS. Noting that there is a good level of demand, the analyst states that there will be a lot of buying pressure in the $16-17 range. Thinking that KCS will make a splash soon, the analyst hopes that the record $ 28.29 will be seen.
The last altcoin on the list was Synthetix (SNX). Synthetix is a DeFi protocol that enables on-chain investments in a wide variety of crypto and non-crypto assets. According to the analyst, the demand level for this coin is around $3.30 and $4.30. If you reach the top, you will get a huge profit. The analyst thinks the amount of earnings could be around 528 percent. At the current level of $3.5, he states that we are in the oversold zone. In concluding the article, we would like to state that these are only the opinions of the analysts and that each investor should invest according to their own research.