Bomb Predictions Made For These 6 Altcoins On Binance!

We have compiled the price predictions to look at for 6 large-volume altcoins from the Binance list. In particular, SHIB, AVAX, and FTM could drive the new year’s recovery a bit longer.

Altcoin Sherpa expects additional rally in these 4 altcoins

Sherpa said on Twitter today that the Shiba Inu will likely head towards $0.000016 after breaking the $0.000013 resistance. SHIB is currently trading around $0.000014. Sherpa says Shiba has high volatility so it can rally independently.

The analyst then also looks at smart contract platform Avalanche, which he believes will continue to rise as long as it is above $20. According to Sherpa, if AVAX can reclaim this level, the bulls’ next target will be $30. However, this rise is largely due to Bitcoin’s movements.

Another altcoin on the analyst’s radar is the smart contract protocol Phantom (FTM). According to altcoin Sherpa, FTM has reached new territory and it could rise as high as $0.90. According to the analyst, “It is now clearing in the $0.60-0.90 range. If BTC is stable, we can see $0.90.”

Altcoin Sherpa thinks these levels are close in LOOKS price

The last altcoin on the list is LOOKS, the native token of Ethereum-based NFT platform LookRare. According to altcoin Sherpa, LOOKS bulls are targeting $0.40 next:

I got on the LookookRare train late and recently had the opportunity to buy it. But I still think there are more advantages for NFT infrastructure tokens. He’s targeting $0.40 and won’t be holding that for very long.

Altcoin analyst with million subscribers draws attention to new Solana and Ethereum rivals

Guy Turner, host of the widely followed Coin Bureau, says layer-1 Blockchain Aptos (APT) could hijack Ethereum and Solana. The crypto analyst says he expects both APT and SOL to face “serious regulatory scrutiny” in the future:

Aside from all the selling pressure SOL and APT are likely to face, both Solana and Aptos will be subject to severe regulatory scrutiny. In Solana’s case, it will be because it is FTX’s de facto exchange chain.

In Aptos’ case, it will be because it is the continuation of the Libra crypto project created by Facebook… The emergence of Facebook’s Libra in 2019 caused panic in governments around the world. Consider what happens when regulators find out that Aptos is a sequel to Libra under a different name.

While Guy says the developers behind Solana have a better understanding of computing hardware compared to the team behind Aptos, he thinks Aptos’ developers are more experienced in software and marketing. This too can give them a step up given their connection to Meta.

Which is better?

However, Guy notes that since most APT tokens are held by Aptos Labs, APT may be the only crypto project in the market with worse tokenomics than SOL. Despite this, he says Aptos is in a better position to thrive in the future than Solana:

In summary, Solana is superior to Aptos in the short term and possibly mid term despite some issues with FTX and Alameda. In the long run, it’s too early to say, but Aptos seems perfectly positioned to secure the partnerships needed for mass adoption. Solana, not so much.

Dogecoin (DOGE) breaks out of falling wedge, “ready for bullish”

Popular crypto analyst Rekt Capital shared a new DOGE chart, suggesting that it has a good chance of showing a big breakout. The analyst states that Dogecoin has emerged from the falling wedge formation. This is a reversal pattern and after that, a coin’s price could possibly head in the opposite direction, in this case upwards. After a rising wedge, there is a good chance that a crypto will start falling.

The analyst drew the attention of his readers to the fact that DOGE successfully completed the reversal pattern and even managed to retest the top of the Falling Wedge as support, thus showing complete confirmation of the breakout. Now, Rekt Capital says “DOGE is well positioned on the upside,” adding that the rally is not yet certain.

Shiba Inu (SHIB) may rally 10% additional

Altcoin Sherpa expects $0.000016 in Shiba price, while on-chain analyst Ali Martinez shared that a bullish price action has been confirmed. Therefore, traders need to wait for a 30-minute candle to close above the 0.0146 level or below the $0.0142 level. Both will show in which direction SHIB price will start moving from there.

cryptocoin.comIn this article, we have included the recent whale transactions that support the SHIB price rally.