Trader Unveils Price Target for Solana (SOL), Says He’s Bullish on Dogecoin (DOGE) and One Ethereum Rival

0 0

knife

A popular crypto trader thinks Ethereum (ETH) competitor Solana (SOL) could see sizeable gains in the next two weeks.

The pseudonymous analyst Cantering Clark, tweeting from his new Man o’ War Twitter account, says he believes SOL could rally by as much as 23% in the short term.

“I think if we can handle $27, $30 is a reasonable target in the next two weeks.”

Image
Source: Man O’ War/Twitter

SOL is trading at $24.33 at time of writing.

Cantering Clark also tells his 165,100 Twitter followers that he’s bullish on the top meme asset Dogecoin (DOGE) and layer-1 protocol Aptos (APT).

“Have been long DOGE.

Added SOL and APT.”

DOGE is trading at $0.0905 at time of writing and is up 1.17% in the past day. Aptos is trading at $12.21 and is down 2.28% in the last 24 hours.

Despite the gains of the past months, Cantering Clark says he still feels cautious about the overall prospects of Bitcoin (BTC). According to the trader, he believes Bitcoin could potentially witness a big sell-off event as long as it is trading below a key resistance level at $34,000.

“When followers get perplexed as to why I started getting cautious around $28,000 and managing positioning more, hedging some or all at points etc.

The entire area of $28,000-$32,000 had the potential to be a pretty reasonable sticky point. There is a reason why I never give much back to the market.

I bought before the FTX nuke in November and ate that, added at the lows, and bought again at $20,500.

Until we are back in the 2021 range meaningfully, I will sleep with one eye open.”

Image
Source: Cantering Clark/Twitter

At time of writing, Bitcoin is trading for $29,509.

Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox



Check Price Action



Follow us on Twitter, Facebook and Telegram



Surf The Daily Hodl Mix


Check Latest News Headlines

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney
Shutterstock/MrArtHit

The post Trader Unveils Price Target for Solana (SOL), Says He’s Bullish on Dogecoin (DOGE) and One Ethereum Rival appeared first on The Daily Hodl.

Leave A Reply

Your email address will not be published.

bitcoin
Bitcoin (BTC) $ 27,194.29
ethereum
Ethereum (ETH) $ 1,904.28
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 307.34
usd-coin
USD Coin (USDC) $ 1.00
xrp
XRP (XRP) $ 0.523769
staked-ether
Lido Staked Ether (STETH) $ 1,903.29
cardano
Cardano (ADA) $ 0.377798
dogecoin
Dogecoin (DOGE) $ 0.072498
solana
Solana (SOL) $ 21.21
matic-network
Polygon (MATIC) $ 0.896809
litecoin
Litecoin (LTC) $ 95.22
tron
TRON (TRX) $ 0.077147
polkadot
Polkadot (DOT) $ 5.27
binance-usd
Binance USD (BUSD) $ 1.00
shiba-inu
Shiba Inu (SHIB) $ 0.000009
avalanche-2
Avalanche (AVAX) $ 14.41
dai
Dai (DAI) $ 1.00
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 27,243.30
uniswap
Uniswap (UNI) $ 5.06
leo-token
LEO Token (LEO) $ 3.60
chainlink
Chainlink (LINK) $ 6.42
cosmos
Cosmos Hub (ATOM) $ 10.60
okb
OKB (OKB) $ 46.38
monero
Monero (XMR) $ 145.55
the-open-network
Toncoin (TON) $ 1.74
ethereum-classic
Ethereum Classic (ETC) $ 18.12
stellar
Stellar (XLM) $ 0.092125
bitcoin-cash
Bitcoin Cash (BCH) $ 114.61
filecoin
Filecoin (FIL) $ 4.96
internet-computer
Internet Computer (ICP) $ 4.79
true-usd
TrueUSD (TUSD) $ 0.999701
lido-dao
Lido DAO (LDO) $ 2.31
aptos
Aptos (APT) $ 8.97
quant-network
Quant (QNT) $ 118.98
hedera-hashgraph
Hedera (HBAR) $ 0.050652
arbitrum
Arbitrum (ARB) $ 1.24
crypto-com-chain
Cronos (CRO) $ 0.059414
near
NEAR Protocol (NEAR) $ 1.62
vechain
VeChain (VET) $ 0.01982
the-graph
The Graph (GRT) $ 0.130553
apecoin
ApeCoin (APE) $ 3.14
algorand
Algorand (ALGO) $ 0.151844
the-sandbox
The Sandbox (SAND) $ 0.570372
paxos-standard
Pax Dollar (USDP) $ 1.00
frax
Frax (FRAX) $ 1.00
edgecoin-2
Edgecoin (EDGT) $ 1.00
eos
EOS (EOS) $ 0.901737
elrond-erd-2
MultiversX (EGLD) $ 37.47
rocket-pool
Rocket Pool (RPL) $ 49.10
render-token
Render (RNDR) $ 2.58
optimism
Optimism (OP) $ 1.45
aave
Aave (AAVE) $ 63.59
fantom
Fantom (FTM) $ 0.321333
decentraland
Decentraland (MANA) $ 0.483848
blockstack
Stacks (STX) $ 0.613738
tezos
Tezos (XTZ) $ 0.909915
theta-token
Theta Network (THETA) $ 0.844608
rocket-pool-eth
Rocket Pool ETH (RETH) $ 2,047.98
axie-infinity
Axie Infinity (AXS) $ 7.09
immutable-x
ImmutableX (IMX) $ 0.807462
havven
Synthetix Network (SNX) $ 2.38
flow
Flow (FLOW) $ 0.72986
usdd
USDD (USDD) $ 0.999151
radix
Radix (XRD) $ 0.072412
bitdao
BitDAO (BIT) $ 0.5012
gala
GALA (GALA) $ 0.030105
neo
NEO (NEO) $ 10.22
kucoin-shares
KuCoin (KCS) $ 7.38
whitebit
WhiteBIT Token (WBT) $ 4.91
curve-dao-token
Curve DAO (CRV) $ 0.852131
bitget-token
Bitget Token (BGB) $ 0.471202
injective-protocol
Injective (INJ) $ 7.86
bitcoin-sv
Bitcoin SV (BSV) $ 32.79
gatechain-token
Gate (GT) $ 4.40
maker
Maker (MKR) $ 664.91
conflux-token
Conflux (CFX) $ 0.285218
klay-token
Klaytn (KLAY) $ 0.185375
gemini-dollar
Gemini Dollar (GUSD) $ 1.00
bittorrent
BitTorrent (BTT) $ 0.00000058435657
kava
Kava (KAVA) $ 1.01
iota
IOTA (MIOTA) $ 0.198169
chiliz
Chiliz (CHZ) $ 0.100788
pepe
Pepe (PEPE) $ 0.000001
pax-gold
PAX Gold (PAXG) $ 1,958.61
casper-network
Casper Network (CSPR) $ 0.046514
tokenize-xchange
Tokenize Xchange (TKX) $ 6.36
sui
Sui (SUI) $ 0.950757
xdce-crowd-sale
XDC Network (XDC) $ 0.03616
terra-luna
Terra Luna Classic (LUNC) $ 0.000085
compound-ether
cETH (CETH) $ 38.29
mina-protocol
Mina Protocol (MINA) $ 0.542928
gmx
GMX (GMX) $ 55.89
huobi-token
Huobi (HT) $ 3.00
tether-gold
Tether Gold (XAUT) $ 1,958.56
dash
Dash (DASH) $ 42.62
ecash
eCash (XEC) $ 0.000024
frax-share
Frax Share (FXS) $ 6.60
trust-wallet-token
Trust Wallet (TWT) $ 1.07
frax-ether
Frax Ether (FRXETH) $ 1,903.96