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Karanalysis of 10 high market cap altcoins

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Karanalysis of 10 high market cap altcoins

Kara (@karaszbo on Twitter)
Nov 11, 2022
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Karanalysis of 10 high market cap altcoins

karanomics.substack.com

1. $btc at $16,881
Short term: would avoid swing trading. There are better options.
Long term: only 2.8x from ATH. There are better options.

2. $eth at $1,279.94
Short term: look for buys close to or below $1000. Sell above $1600 for 60% increase.
Long term: about 4x from ATH. Should reach/bypass ATH sometime in 2024.

3. $bnb at $288
Short term: look for buys close to or below $240. Sell above $320 for 33% increase.
Long term: about 2.3x from ATH. Should reach/bypass ATH sometime in 2024.

  1. $xrp at $0.35

    Short term: only swing on court case news, sell above $0.50

    Long term: should pump once settlement is reached. Don’t hold, it will drop after pump

  2. $ada at $0.35

    Short term: not great for swing trading.

    Long term: should hit $2 in 2024 roughly 5x increase

  3. $matic at $1.04

    Short term: buy close to or below $0.50, sell above $1 for 2x+ swings

    Long term: Bull run line is $2, so only 2x from here.

  1. $ dot at $5.72
    Short term: not good for swing trading
    Long term: Bull run line is $45, for almost 7x sometime in 2024

  1. $sol at $16.18
    Short term: not good for swing trading
    Long term: avoid

  1. $avax at $13.92
    Short term: not great for swing trading
    Long term: Bull run line at $100 for 6x+ in 2024

  2. $link at $6.92

    Short term: buy under $7, sell over $8.50

    Long term: about 6x from ATH. Should reach/bypass ATH sometime in 2024.

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Karanalysis of 10 high market cap altcoins

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