Trader Says Two Altcoins Looking ‘Solid’ Overall, Updates Outlook on BONK and Bitcoin
A widely followed crypto analyst thinks that two altcoins have strong fundamental narratives while flashing bullish price action.
Pseudonymous trader Altcoin Sherpa tells his 245,400 followers on the social media platform X that the native assets of Curve DAO ( CRV ) and Hyperliquid ( HYPE ) are among the few “solid” altcoins in crypto.
Curve Finance is a stablecoin-focused ecosystem, specializing in the efficient and low-slippage trading of dollar-pegged crypto assets. Meanwhile, Hyperliquid is a layer-1 protocol serving a decentralized exchange (DEX).
Says Altcoin Sherpa,
“But if you’re an investor that relies on these types of fundamentals, there are a few good ones like CRV and HYPE, those charts look pretty solid overall.”
Source: Altcoin Sherpa/X
At time of writing, HYPE is worth $20.55
Source: Altcoin Sherpa/X
At time of writing, CRV is worth $0.697.
Turning to the memecoin Bonk ( BONK ), the trader says he plans to accumulate the altcoin at current levels.
“Staying patient for BONK and would love to buy in the green box if it gives.”
Source: Altcoin Sherpa/X
At time of writing, BONK is worth $0.0000164.
As for Bitcoin, the trader says BTC looks bullish on the high time frame after the crypto king retested the $74,000 level as support.
“Higher time frame view of BTC: higher low formed in that chop period, it was similar to that May 2021 area where price formed a low.
I think it’s a great low given the amount of time (two months) and volatility that we saw. While there are going to be some small pullbacks, I think we strongly break $100,000 in the next several weeks as long as equities don’t completely sh** the bed (sadly, I see a lot of lower high / it’s over type of posts).”
Source: Altcoin Sherpa/X
At time of writing, Bitcoin is trading for $95,921.
Follow us on X , Facebook and Telegram
Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Surf The Daily Hodl Mix
Generated Image: Midjourney
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Polygon Targets $1 & Ethereum Eyes $3,600, Yet BlockDAG’s CertiK Audit and $0.0019 Coins Could Outperform All
Discover Polygon (POL) price movement and Ethereum (ETH) price analysis as both eye breakouts, and see why BlockDAG’s CertiK audit, growing presale, and attractive pricing position it among the best crypto for higher returns in 2025.Polygon (POL) Price Movement Signals Breakout Toward $1Ethereum (ETH) Price Analysis: Tight Range Could Spark $3,600 BreakoutBlockDAG’s CertiK Audit Strengthens Its Case as the Best Crypto for Higher ReturnsTo Sum It Up
$298M Crypto Liquidations Rock BTC and ETH Traders
Crypto liquidations hit $298M in 24 hours, with BTC and ETH leading losses. Here's what caused the wipeout.A Rough Day for Crypto TradersWhat Triggered the Liquidations?Caution Ahead for Leverage Users
Top New Meme Coins to Invest in This Month: Troller Cat Flaunts 7k% ROI as Official Trump and Mog Coin Rise from Slumber
Troller Cat ignites excitement with 69% APY and 7,000% ROI target. TRUMP and MOG bounce back, but is this cat the real jackpot?Troller Cat ($TCAT): Clawing Up the Ladder with Massive ROI PotentialOfficial Trump ($TRUMP): Slow Grind with Political BuzzMog Coin ($MOG): The Cult Favorite Gets a PulseConclusion
SOL Technical Analysis Signals Strength, Cardano’s AI Testnet Launches & BlockDAG’s $0.0019 Offer Ends on May 13
Explore SOL Technical Analysis & details on Cardano's AI Testnet. See why BlockDAG’s $0.0019 entry before May 13 could define the best crypto platform call.SOL Technical Analysis Points to Cautious OptimismCardano’s AI Testnet to Simulate High-Frequency Network ConditionsBlockDAG’s Listings Near: $0.0019 Offer Available Until May 13What Defines the Best Crypto Platform in 2025?
Trending news
MoreCrypto prices
More
