Top crypto analyst predicts a bullish continuation for Solana and two under-the-radar altcoins

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A pop­u­lar trad­er says he sees more upside for smart con­tract plat­form Solana (SOL) and two tokens fly­ing under the radar.

Pseu­do­ny­mous Gal­lop­ing Clark told his 158,900 Twit­ter fol­low­ers that traders who con­tin­ue to bet against the Ethereum rival are like­ly to be blown out of their posi­tions by a short push.

“This week­end will prob­a­bly be going crazy for alts.

SOL goes to +$30 before this is all over.

A lot of pres­sure from this lev­el seems obvious.” 

Source: Gal­lop­ing Clark/Twitter

A short squeeze occurs when traders who are bor­row­ing an asset at a cer­tain price in hopes of sell­ing it at a low­er price to make up the dif­fer­ence are forced to buy back the bor­rowed assets when momen­tum moves against them moves, trig­ger­ing fur­ther rallies.

At the time of writ­ing, Solana is chang­ing hands for $25.

Next is move-to-earn token STEPN (GMT), which it pre­dicts is like­ly to ral­ly towards its tar­get at $6.63.

“They are still active on social media and I expect they will start mak­ing announce­ments and try to raise prices again to take advan­tage of this ral­ly. Reclaim­ing and retest­ing a set­up wide­ly seen on all alts is also on the table. Send.” 

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Source: Gal­lop­ing Clark/Twitter

At the time of writ­ing, GMT is trad­ing at $0.49.

The last coin on the trader’s radar is Opti­mism (OP), a Lay­er 2 scal­ing solu­tion for Ethereum (ETH). Accord­ing to Can­ter­ing Clark, he expects OP to print new all-time highs.

“OP is on the verge of pric­ing. That means every­one who sold before was wrong, and new highs usu­al­ly bring inflows from all types of traders.

New all-time high after a long time is +expect­ed val­ue buy.

Send.”

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Source: Gal­lop­ing Clark/Twitter

At the time of writ­ing, OP is exchang­ing hands for $2.24, slight­ly above the trader’s $2 resis­tance area.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any risky investments in bitcoin, cryptocurrency or digital assets. Please note that you transfer and trade at your own risk and any losses you incur are your responsibility. The Daily Hodl does not recommend the purchase or sale of cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Fea­tured image: Shutterstock/Vink Fan/Natalia Siiatovskaia



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