Altcoin Enthusiast Shifts to Bullish Outlook Following Accumulation Breakout, Provides Roadmap for Sei and Gala Cryptocurrencies
A highly influential cryptocurrency analyst and trader, known as Altcoin Sherpa, is bullish on a top-30 altcoin by market cap.
Altcoin Sherpa, addressing his 212,600 followers on X platform, expresses optimism about Internet Computer (ICP). Noting the completion of its multi-week accumulation phase and suggesting it’s time to engage in active trading for the upcoming weeks. ICP is currently priced at $19.40, marking a significant 72% increase in the past week. Moving on to Sei (SEI), Altcoin Sherpa anticipates SEI to maintain its trading range formed over the last 83 days, with occasional deviations to the upside. SEI is trading at $0.845. Lastly, Altcoin Sherpa discusses Gala (GALA), the native token of the Gala blockchain gaming platform, highlighting its substantial potential for an upside, despite being 92% below its all-time high.
With a favorable risk-reward ratio, Altcoin Sherpa sees opportunities in Gala’s future growth potential, given certain financial factors, catalysts, and continued development efforts during the bear market. GALA is currently trading at $0.065.
Clever Robot News Desk 29th March 2024
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