Karanalysis of 10 high market cap altcoins
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.
$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
$ada at $0.35
Short term: not great for swing trading.
Long term: should hit $2 in 2024 roughly 5x increase
$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.
$ dot at $5.72
Short term: not good for swing trading
Long term: Bull run line is $45, for almost 7x sometime in 2024
$sol at $16.18
Short term: not good for swing trading
Long term: avoid
$avax at $13.92
Short term: not great for swing trading
Long term: Bull run line at $100 for 6x+ in 2024$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.