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    Home»Altcoins»Analyst Justin Bennett Says Ethereum-Based Altcoin Could Explode by Over 600%, Updates Outlook on Solana
    Altcoins

    Analyst Justin Bennett Says Ethereum-Based Altcoin Could Explode by Over 600%, Updates Outlook on Solana

    Team_SimonCryptoBy Team_SimonCryptoDecember 21, 2024No Comments2 Mins Read
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    A broadly adopted crypto analyst is immediately turning bullish on one Ethereum (ETH)-based altcoin after its correction this week.

    In a brand new thread on the social media platform X, crypto dealer Justin Bennett tells 115,500 followers that CRV, the native token of stablecoin lending platform CurveDAO, might soar greater than 600% from its present worth.

    “Nicely, we didn’t get my extraordinarily hopeful $0.40-$0.50 purchase zone on CRV. I had a [prayer] there for a cause. Lol. So I purchased [Friday’s] blood, and I’ll add extra on a weekly shut above $0.87. $6-plus potential in my view.”

    Supply: Justin Bennett/X

    CRV is buying and selling for $0.77 at time of writing, down greater than 14% within the final 24 hours.

    Subsequent up, the dealer says that Solana (SOL) could also be gearing up for a breakout after correcting into the $180 vary.

    “SOL into $180s. As talked about two days in the past [on December 18th], that is the perfect shopping for alternative in my view. It’s considerably of a make or break space, so let’s go!”

    Image
    Supply: Justin Bennett/X

    Taking a look at his chart, the dealer suggests if Solana can maintain the descending trendline as assist, it could surge to $290.

    Solana is buying and selling for $191 at time of writing, down greater than 7% within the final 24 hours.

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    Disclaimer: Opinions expressed at The Every day Hodl usually are not funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your personal danger, and any losses you might incur are your accountability. The Every day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital property, neither is The Every day Hodl an funding advisor. Please word that The Every day Hodl participates in affiliate marketing online.

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