Crypto Trader Says One Ethereum-Based Altcoin Ready To Surge by Double Digits – Here’s His Target

A pseudonymous trader by the name of Altcoin Sherpa, boasting an impressive 196,400 Twitter followers, recently commented on an Ethereum-based altcoin that he believes has the potential to shoot up in value by close to 30%. The mysterious trader stated that Maker has exhibited “immense strength” as of late, given the bearish macro environment, and that MKR could climb beyond $1,700, granted it passes the $1,330 mark – currently at $1,315 per. Bitcoin was also on the table of discussion – Sherpa asserted that if BTC can reclaim $29,750 resistance level, it has a fair chance of reverting back to the $30,000- $32,000 zone – currently, trading at $29,498. Longer-term predictions suggest if the world’s foremost cryptocurrency overcomes the present-day’s trading range with sufficiently high momentum, it could potentially swell to as high as $40,000. The illustrious investor made similar supportive remarks regarding the blockchain-powered project Chainlink, amidst others. Altcoin Sherpa sees great opportunities should the price of LINK trade between $5.50 – $7.50 – currently, performing at $7.62.

Robert Wilson author
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