Tech News, Magazine & Review WordPress Theme 2017
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • Email Alerts
  • DAILY HODL MIX
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • Email Alerts
  • DAILY HODL MIX
No Result
View All Result
The Daily Hodl
No Result
View All Result

Here’s What Could Be Next for Litecoin, Chainlink and Two Additional Altcoins, According to Top Crypto Analyst

by Daily Hodl Staff
November 10, 2021
in Altcoins, Trading

A closely followed trader is predicting what could be next for Chainlink, Litecoin and two more altcoins as the crypto markets turn green.

The pseudonymous analyst known as Altcoin Sherpa tells his 145,000 Twitter followers that Litecoin is facing a resistance level that if broken, could lead LTC to a further 25% rally.

“LTC: If we clear this area I would not be surprised to see mid-$300s after.”

Image
Source: Altcoin Sherpa/Twitter

Based on the analyst’s chart, he sees $369 as the next major level to breach if the $290 mark holds.

Next up is decentralized oracle network Chainlink (LINK). The analyst draws a chart depicting LINK potentially breaking through a resistance that previously failed three times. His next price level for LINK after the $34 mark is $42, which would be a potential rally of roughly 23%.

“LINK: This time it’s different?”

Image
Source: Altcoin Sherpa/Twitter

The next altcoin the trader is looking at is DYDX, the governance token of the dYdX decentralized exchange (DEX). According to Altcoin Sherpa, the hype surrounding DYDX is less than usual, which could be a sign that it’s ready for an under-the-radar move.

“DYDX: Still a good project. When people don’t care about it and it’s accumulating, it’s probably time to buy. Not an active trade but a fine one to just buy and hold for a few weeks. Depends on your overall timeline.”

Image
Source: Altcoin Sherpa/Twitter

Lastly, the crypto analyst has Polkadot canary network Kusama (KSM) on his radar. While he doesn’t think KSM will outperform Bitcoin in the near future, he still says it will reach new all-time highs after BTC puts in more rallies.

“KSM: Expecting this to grind up but don’t think it will outperform BTC. USD [US dollar] pair likely all-time highs when BTC moves.”

Image
Source: Altcoin Sherpa/Twitter
Check Price Action

Don't Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

 
Check Latest News Headlines


 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Bryan Vectorartist/Vladimir Sazonov/nsimsek0

Submit a Press Release

Industry Announcements

  • Coinshift Closes $15 Million Series A Led by Tiger Global, Sequoia Capital India, Alameda Ventures
    May 17, 2022
  • SRG Studios Is Launching Their NFT Collection – The Cosmic Coffee Cups
    May 16, 2022
  • Anonymous Turns to CultDAO for Support Against Unjust Government Actions
    May 12, 2022
  • Bnext Receives Additional $4.5 Million Investment, Led by Borderless Capital To Drive DeFi on Algorand
    May 12, 2022
  • Lina Valentina’s ‘No More’ NFT Collection Denounces Domestic Violence
    May 11, 2022
  • Cake DeFi Enters Into Esports With Competitive Gaming Platform FACEIT
    May 10, 2022
  • Introducing YUSE, the Ultimate Multi-Utility Token
    May 10, 2022
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$30,183.00
$30,183.00
0.38%
Ethereum
$2,071.52
$2,071.52
1.35%
BNB
$303.07
$303.07
0.57%
Cardano
$0.569151
$0.569151
0.75%
XRP
$0.433913
$0.433913
0.67%
Dogecoin
$0.089781
$0.089781
0.2%

Spotlight

  • Top Analyst Says Bitcoin (BTC) Fast Approaching Bear Market Bottom – But There’s a Catch
    May 11, 2022
  • Stablecoin Regulations Need To Allow Room for Failure, Says Crypto-Friendly SEC Commissioner Hester Peirce
    May 14, 2022
  • Former Goldman Sachs Executive Raoul Pal Says Bitcoin (BTC) Forming Massive Bullish Technical Pattern
    May 17, 2022
  • Cardano Founder Charles Hoskinson Says Fears of Crypto Market Collapse Overblown, Sets Timeframe for Recovery
    May 12, 2022

Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX •
Futuremash •
Industry Announcements

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2022 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • Email Alerts
  • DAILY HODL MIX

© 2022 The Daily Hodl