Famous technical analyst JB of Cheeky Crypto recently focused on five altcoins that were poised for potentially lucrative surges or drops in the near future. The alternative coins that JB is interested in are as follows:
ADA of Cardano
On the SPOC BitGet alternative, the value trajectory of ADA seems positive, but JB observes signs of potential opposition. He indicated previous assist and resistance zones using historical data, suggesting a potential downturn. His projections, which are based on the wave theory, suggest that within the near future, a decrease from 9% to an unnerving 14.45% is possible. At $0.25 at the time of publication, ADA is in a slump, as shown by its pink-colored chart.
DOT of Polkadot
Focusing on Polkadot, JB spots an Elliott Wave sample that suggests a realistic drawback. He predicts a decline between 9.8% and 12% by examining the momentum and contrasting it with potential places of resistance. Contrary to the trend, DOT is currently trading at $4.21, showing positive growth and a novice indication.
SAND in the Sandbox
The Sandbox, a popular gaming token, demonstrated a well-known advancement on Binance’s platform. JB anticipates one more decrease following an abrupt shift downhill. His SAND objectives range from $0.36 to $0.41. A 9.79% decline is probably on the horizon, providing prospective opportunities for buying and trading. Continuing its upward trend, SAND is currently trading at $0.309 as of this writing.
SOL Solana
A promising candidate in the crypto industry named Solana displays remarkable trends. JB forecasts an achievable decrease between 10% and nearly 16%, with potential higher resistance at $21.38. Merchants would want to prepare for an imminent fifth wave slump, which is implied by the situation’s diagonal sample. SOL, which is currently trading at $19.23, is in a slump and still hurting from the FTX fiasco.
