The post Here’s What Next For Solana (SOL), Sushi (SUSHI) And Polkadot (DOT) appeared first on Coinpedia Fintech News
2022 is drawing to a close. Looking back, it’s safe to say that this year was tumultuous and disastrous for the previously thriving crypto market.
On a bright note, the overall crypto market is trading in the green today and the global crypto market cap has gained 0.81% over the last 24hrs and is now at $924.39 billion.
Along with Bitcoin, altcoins like Ethereum, Cardano, and Solana, among others, have gained bullish momentum.
Now, a popular crypto analyst and trader, anonymously known as Altcoin Sherpa, has predicted that one of Ethereum competitors, Solana, is about to witness a major move toward the bottom soon.
Solana (SOL) Price Prediction
Altcoin Sherpa claims that if the currency is pulled down, it could pave the way for SOL bulls. He urges people to purchase Solana when it drops to $20 to gain profits 10x later.
$SOL: I think range lows are coming. Anything sub $20 seems like a bargain / buy it and throw it in a cold wallet for 2 years and come back to see it 10x+. #Solana pic.twitter.com/Rc1bTw7KV1
— Altcoin Sherpa (@AltcoinSherpa) October 15, 2022
Currently, Solano is selling at $30.63 after a surge of 2.35% over the last 24hrs.
Sushi (SUSHI) Price Analysis
Next, the analyst talks about Sushi (SUSHI), a decentralised exchange (DEX). He predicts a breakdown above $1.60 if Bitcoin holds on to its bullish timeframe.
$SUSHI: Buy back was super strong , price nailed the 786 fib and bounced hard. Wicked up to this supply at $1.60 and if btc is healthy, I think this should break that lvl in the mid term. #SUSHI pic.twitter.com/BGTuk13NYv
— Altcoin Sherpa (@AltcoinSherpa) October 15, 2022
At the time of writing, SUSHI is trading at $1.43 after a drop of 1.36% on the last day.
Polkadot (DOT) Price Analysis
The last altcoin that caught the trader’s attention is Polkadot (DOT), which is an interoperable blockchain. As per Sherpa, DOT is set to witness a pullback as the currency has failed to attract bulls.
$DOT: Shit chart due to being on laptop but how’s $4.50 #DOT sound? This 1 never really took off like it should have IMO. pic.twitter.com/0GNhIIgnSH
— Altcoin Sherpa (@AltcoinSherpa) October 15, 2022
At the time of publication, Polkadot is changing hands at $6.21 with a surge of 0.89% in the last 24hrs.
