Crypto strategist, famous trader Jason Pizzino, Polkadot (DOT) and Avalanche (AVAX) said it was closely monitoring four altcoins, especially AVAX.
Pizzino’s Polkadot Prospect
in his video on his youtube channel with 210,000 subscribers, Pizzino said that he expects Polkadot (DOT) to continue to rise to $50 price levels in a short period of time:
“In order for us to see strong upward price movements in Polkadot, the DOT needs to make a retreat to the 28 dollar price levels and consolidate at those levels for a while (the price should remain horizontal). I think this is the healthy scenario that needs to happen for the DOT to rise to the 50 dollar levels.”
45 Dollar Levels Are Very Important For AVAX
Pizzino, the smart contract platform AVAXhe also expresses that he expects the price to be accumulative for some time before continuing its upward movements:
“AVAX seems to be very strong in the current situation. as a result of making a correction to the 45 dollar price levels and staying at those levels for a while, it may start to rise sharply. For this, it is important that there is a consolidation at the 45 dollar levels for some time before.”
Jason Pizzino created Cosmos, another altcoin that he reviewed (ATOM), defined it as a crypto entity operating on scalability and interoperability, powering the blockchain ecosystem. The crypto strategist wants to see the ATOM/USD pair in the 30-37 dollar price band before the hard upward price movements:
“If an accumulation occurs at these levels, the ATOM can start upward price movements after collecting energy there for a while. “
The last crypto currency on the radar of the famous trader is SushiSwap (SUSHI). Pizzino said that for SUSHI to continue its rise, it must remain above critical levels:
“It is quite important for SUSHI to hold on to the 14 dollar levels. If it cannot stay above these levels, the first point that it must take on the task of the support level is the 12 dollar levels. Let me mention here that $9.50 is also the bottom price level for SUSHI. If this bottom price level is broken, then it can be assumed that SUSHI has entered a downtrend.”
The information contained in this article absolutely does not contain investment advice. Investors should know that crypto currencies have high volatility, so they carry risks, and they should conduct their transactions in accordance with their own research.