The Crypto bear market is currently dealing with a bunch of uncertainties in the price. One of the Crypto analysts has made his outlook for Solana (SOL), Avalanche (AVAX), Chainlink (LINK), and ApeCoin (APE) aiming at all the uncertainties the market is dealing with.
The Pseudonymous crypto trader Altcoin Sherpa told his 176,500 Twitter followers that Solana is trying to recover its all-time high, whereas it could go up by 25% in the short term from its current trading price of $39.95.
Meanwhile, the analyst says that the scalable blockchain AVAX could spike up to $40 by next month before it could reach the lowest of $12. Whereas AVAX is currently holding the price value of $24.38.
At the same time, the ChainLink has continued its climb to the peak, pretending that it could break its uptrend at around $11. whereas this decentralized network is trading at $9.33 right at the moment.
Coming to the Bored Ape Yacht Club altcoin, the ApeCoin price may drop again once the altcoin reaches above $7, thus the analyst thinks that the buy-in would be wise at the level of 45. The altcoin Ape is trending at the price of $5.72 in the present scenario.
The crypto analyst has further shared his outlook on BTC whereas the asset trades at less than half of its all-time high, and cryptocurrency is changing its hands at the value of $29,750.
“I still think that some relief pump to mid $30k is coming first but I’m also open to the idea of tapping the range lows. Those that haven’t been tapped for a long time, will be more realistic if the EQ [equity] gets lost. I’m honestly unsure.”