An analyst and trader who is widely respected says that despite a correction in the market, there will be blue skies for an altcoin with a high cap.
Altcoin Sherpa is a pseudonym for the trader. tells Toncoin is the native Token of Layer-1 Blockchain (TON( is in a very strong position uptrend The highest point in history (ATH) is reached after On June 14, you can get $8.25
“This still looks incredibly strong…
“TON is still the most powerful chart in Crypto.”
Toncoin trades for $8.10, an increase of more than 3% over the past 24 hours.
Following the analyst, warns Solana,SOLThe price of Bitcoin may soon collapse against Ethereum.ETH).
“SOL: although I still think Solana is a great retail chain, the current celeb meta is not healthy at all in my opinion. I think that this chart looks pretty scary and that ETH still probably will continue to outperform for this next stretch.”
![Image](https://fxruhanahmed.com/2/wp-content/uploads/2024/06/Trader-Says-Top-10-Altcoin-Looks-‘Incredibly-Strong-Updates-Outlook-on.png)
SOL/ETH was trading at 0.0409 USD ($142) when this post went to press, a drop of more than 4.6% from the previous 24 hours. The trader, based on his chart suggests that SOL/ETH may decline as low as 0.039 ETH (135)
Following the analyst, says This is the GPU rendering Bitcoin Render.RNDRThe Fibonacci level could be retested at $6.03.
“RNDR: good project but I wouldn’t start scaling in until $7ish or lower. Could be a good buying area there.”
![Image](https://fxruhanahmed.com/2/wp-content/uploads/2024/06/1718453159_761_Trader-Says-Top-10-Altcoin-Looks-‘Incredibly-Strong-Updates-Outlook-on.jpeg)
RNDR was trading at $7.94 when this article was written, which is down over 4% from the previous 24 hours.
Last but not least, there is the analyst predicts Ethereum is printing new Aths.
“ETH to ATH is still inevitable. I don’t know when or how it gets there but this supply zone is going to break eventually. Still seems like a guarantee and a fairly safe trade you can take (as long as you can eat the short-term drawdown).”
![Image](https://fxruhanahmed.com/2/wp-content/uploads/2024/06/1718453159_847_Trader-Says-Top-10-Altcoin-Looks-‘Incredibly-Strong-Updates-Outlook-on.jpeg)
Ethereum has risen slightly over the past 24 hours to $3,479, at this time. ETH reached a ATH value of approximately $4,900 around November 2021.
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