Josh Moden, a leading crypto investor from CRYPTOBUSY, a YouTube channel that follows the crypto currency ecosystem, shared the 4 altcoins under his radar and expressed that these 4 altcoins are on the way to a rally. Come on, it’s 4 altcoinLet’s take a look at the e and why the rise is expected…
First on the investor’s list is a social gaming platform on which users can create websites and clans, chat and host virtual product stores Enjin (ENJ) is taking place. At the time the article was being prepared for publication, it was trading in the 4.8 dollar band of the ENJ coin.
According to the analyst, since September 29, it has fallen to $ 1.19 ENJ price It has come a significant way with an increase of more than 320%. however, although ENJ has experienced a serious rise, Moden says that if the price is pulled back to $ 3.5, an excellent buying opportunity will be taken.
The next on the list is aimed at increasing the availability of cryptocurrency as a means of payment and focusing on finding solutions to problems such as high fees Utrust (UTK) is taking place.
Investor, UTKhe emphasizes that the is currently in the period of consolidation. However, the investor also notes that UTK is preparing for a pump and that serious rises will be experienced very soon
At this point, the analyst, “These gigantic pumps of the Ultrust have a habit of popping up in an instant. We’ve seen a structural fracture here. That’s why I think that very soon we will begin to move towards at least 60 cents.” he’s using his words.
Sandbox (SAND) and Decentraland (MANA)
In fact, these two metaverse coins have been mentioned by their names with the increases they have experienced recently, but the analyst believes that both coins still have room for an increase.
In the four-hour chart, Moden points out that the token price has experienced downward momentum over the past few days when it has been unable to create a higher peak, but the bulls stepped in just before the SAND fell and a new rally has formed. According to the analyst, the 5.30 and 6.60 dollar levels may be the buying zones for SAND.
MEANING as for the analyst, “As you can see on the weekly chart, there is still upside potential. But on the daily chart, this may take some time, especially after such a pump that the market has seen recently.” he’s using his words.
The information contained in this article absolutely does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and they should conduct their transactions in accordance with their own research.