Saturday, July 30, 2022

Warning: Analysts Expect a Blast in These 5 Altcoin Projects!

Optimism was the top earner of the week, with an incredible 98% performance since last week. Meanwhile, FIL, ICP, GRT, CHZ, and DOT are gaining popularity alongside most altcoins. Top crypto analysts say these 5 altcoin projects will develop independently of Bitcoin.

These 5 altcoins have offered double-digit gains overnight

Analysts are bullish on altcoins like Filecoin, Internet Computer, The Graph, Chiliz, and Polkadot. These altcoins posted double-digit gains overnight, hitting significant price levels in the current cycle.

Getting back into altcoins looks like a lottery… I set my alerts to break this key level and only saw +27% overnight.

Other altcoins that are bringing investors great returns are ICP, GRT, CHZ, and DOT. Meanwhile, the crypto analyst, nicknamed AVCrypto, has revealed that altcoins are on the rise during Bitcoin dips. Large pullbacks in Bitcoin often provide investors with an opportunity to save. At the same time, price increases and minor selling are leading to altcoin rallies.

The analyst’s narrative fits the current situation with Bitcoin gaining 3% and FIL, ICP, GRT, CHZ and DOT offering double-digit gains to their holders.

Altcoin Sherpa says a minor correction is imminent

Altcoin Sherpa, one of the top technical analysts, said that a higher peak is imminent for Bitcoin. Highs of 20,000 are likely in the coming weeks and altcoins are “still evolving” regardless of BTC price action, according to the analyst. Sherpa also says that the altcoin rally will not be affected by a massive Bitcoin rally.

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