Cryptocurrency News Today TheBitTimes.com

A widely followed crypto analyst says that one Ethereum (ETH) competitor looks solid while updating his outlook on Bitcoin (BTC) and Fartcoin (FARTCOIN). In a new thread, pseudonymous crypto trader Altcoin Sherpa tells his 254,800 followers on X that smart contract platform Solana (SOL) looks solid as it makes its way toward the $250 level. “$250 is the area to break but things are looking pretty solid. Would stay long until shown otherwise.” Source: Altcoin Sherpa/X Solana is trading for $248 at time of writing, a 1.5% increase on the day. Moving on to the top crypto asset by market cap, the trader says BTC looks bullish and its next stops will be the $120,000 price tag and then new all-time highs (ATHs). “BTC next two regions up, $120,000 and then ATH regions. Bullish until shown otherwise.” Source: Altcoin Sherpa/X BTC is trading for $117,413 at time of writing, a 1.4% increase on the day. Concluding his Analysis with the meme as...

A closely followed analyst believes that the crypto markets are primed for a corrective move following strong rallies over the past couple of weeks. Pseudonymous analyst Altcoin Sherpa tells his 245,200 followers on the social media platform X that he thinks “a dip is going to come soon,” but he doesn’t see any reason to be super bearish once the correction takes place. According to the analyst, a correction should provide an opportunity for investors to enter the crypto market before another leg up. Should a marketwide pullback materialize, Altcoin Sherpa says he plans to accumulate five altcoins. “Coins I want to buy: BONK ($0.00001600s) Fartcoin ($0.85) POPCAT ($0.33) HYPE ($15-$16s) GUN ($0.055s) Loads of others too, but those are on my short list for now.”  Looking closer at the memecoin Fartcoin, the trader notes that FART needs to stay above $1.05 to witness new rallies. Otherwise, he thinks the altcoin could fall to as...

A popular crypto analyst is still optimistic about a new memecoin that’s already up nearly 50x in less than three months. The pseudonymous trader known as Altcoin Sherpa says that he thinks the Solana (SOL)-based memecoin Fartcoin (FARTCOIN) will still go up, but he notes that he has some concerns. “I decided to lower my size on this one yesterday and am going to be patient with Fartcoin from here on out. I still think it’s an amazing meme and it’s going to go much higher but I would like to see it chop around more and make sure it doesn’t suffer the same fate as the other big memes that just had perpetual futures on Binance. Virtual and aixbt are promising but I feel like that’s a bit different than this. Going to watch but will consider adding more later.”  Fartcoin is trading at $0.954 at time of writing. The 122nd-ranked crypto asset by market cap is down nearly 9% in the past 24 hours but up more than 3,750% since it ...