The crypto bear market is currently dealing with a slew of uncertainties in price. One of the crypto analysts has made his approach to Solana (SOL), Avalanche (AVX), Chainlink (LINK), and Apcoin (APE), aiming to deal with all the uncertainties in the market.
The pseudonymous crypto trader Altcoin Sherpa told his 176,500 Twitter followers that while Solana is trying to recover from its all-time high, in the near term it could rise by up to 25% from its current trading price of $39.95.
Meanwhile, the analyst says scalable blockchain AVAX could rise to $40 by next month, before reaching a low of $12. Whereas the current price of AVAX is $24.38.
At the same time, Chainlink continued to climb to its peak, pretending it could break its uptrend around $11. Whereas this decentralized network is currently trading at $9.33.
Coming to Bored Ape Yacht Club altcoin, apeCoin price may fall again once altcoin reaches above $7 thus analyst thinks buy-in at 45 level would be wise. The altcoin app is trading at a price of $5.72 in the current scenario.
The crypto analyst has further shared his outlook on BTC, with the asset trading at less than half of its all-time high, and the cryptocurrency changing its hands at a price of $29,750.
“I still think some relief pumps in the mid-$30k are coming first, but I am also up for the idea of tapping lower levels. Those that haven’t been tapped for a long time would be more realistic if EQ [equity] Go to hell. I’m honestly unsure.”