A widely followed cryptocurrency analyst and trader is expressing bullish sentiment on a top-30 altcoin by market cap.
The trader pseudonymously known as Altcoin Sherpa tells his 212,600 followers on the social media platform X that Internet Computer (ICP), a blockchain project whose aim is to replicate the internet’s speed, power and scale on decentralized networks, appears to have completed a consolidation period that begun earlier in the year.
“ICP: This looks like it’s finished its multi-week accumulation period, it’s time to go.
This is one to actively trade for the next few weeks in my opinion.”
Source: Altcoin Sherpa/X
ICP is trading at $19.40 at time of writing, up by around 72% in seven days.
Next up is the layer-one blockchain Sei (SEI). Altcoin Sherpa says that he expects SEI to continue trading in a range that started forming 83 days ago.
“SEI: Nearly three months in this trading range with some deviations to the upside. Expecting more chop on this
We współpracy z: https://dailyhodl.com/2024/03/28/trader-turns-bullish-on-altcoin-amid-breakout-of-accumulation-range-maps-path-forward-for-sei-and-gala/
