Famous Crypto Analyst Provides Top 5 Altcoin Picks update

Spread the love

Crypto analyst and YouTuber Lark Davis has provided an update on his top five altcoin picks that are ready to explode.

According to the popular crypto influencer, ethereum is at the top of his altcoin list and says the current price dip a “buy” for the smart contract platform.

He said,

In anticipation of the good news, Ethereum has been going crazy. The Ethereum/BTC pair absolutely parabolic over the last few days.

Davis also highlighted chainlink as a potential value investment at its current price. He said the decentralized oracle network was beginning to regain bullish sentiment.

He continued,

I think that we can see Chainlink hitting $18 from here on this particular breakout… I do wonder if I’m kind of setting my goal for Chainlink here too modestly since it has really just crossed a mega bullish cross here on the weekly MACD.

In addition to ethereum and chainlink, Davis told investors to keep an eye on uniswap (UNI), bonded finance (BOND) and the decentralized exchange Coin DeFi.

RECOMMENDED READ:  Blockchain system brings China’s $2 trillion Greater Bay Area together

He said of the latter,

I would expect that being a new decentralized exchange, this is definitely one that could have some real momentum behind it, especially the decentralized exchanges that have done well are the ones that provide incentives to provide liquidity, which Coin DeFi will also be doing.

Davis explained Coin DeFi investors would be able to earn fees on their token holdings.

Featured Image Credit: Photo via Pixabay.com

 290 Interactions,  2 today

Bitcoin on-chain results show no bull market peak at $60K, and trading interest is decreasing.

According to Bitcoin on-chain results, speculators and long-term investors have become more secure in higher prices as their trading activity Read more

A bitcoin mining corporation has opened a branch in Austin, following in the footsteps of Tesla.

Tech firms such as Oracle, Tesla, Hewlett Packard, and now Blockcap are relocating to Austin, prompting others to refer to Read more

Binance Coin (BNB) market capitalization surpasses Santander and UBS — What comes next?

Binance Coin has risen 900 percent to date, giving the token a $64 billion market value, surpassing Santander, Bank of Read more

Why is XRP seeing such a massive rally because Ripple is only worth $3 billion on the secondary market?

Ripple is currently valued at $2 to $3 billion, but its XRP assets are worth around $70 billion. The equity Read more

Reddit reminisces about the now-defunct ‘Bitcoin faucet’ website that gave away 19,700 BTC for free.

It might seem unbelievable today, but in 2010, software developer Gavin Andresen set out on a quest to distribute free Read more

The price of Solana (SOL) is rising as airdrops draw new subscribers to the network.

This month, the price of Solana has increased by more than 50% as new ventures perform airdrops on the SOL Read more

Stellar Lumens, Aave, Cosmos Price Movement Analysis for 11th April, 2021

Stellar Lumens moved within a bull flag pattern, but the pattern may be reversed if $0.58 -help is not sustained. Read more

Algorand, Bitcoin Cash, FTX Token Price Movement Analysis for 11th April, 2021

Algorand wasn't yet able to ascend above its horizontal channel. If the bulls can prevent a collapse in the coming Read more

Cardano, Bitcoin SV, Compound Price Movement Analysis for 11th April, 2021

Cardano observed a pattern of declining exchange rate, indicating that the market was likely in a delivery process. However, in Read more

Why retail Bitcoin traders should foresee a price increase

Big Bitcoin wallet inflows indicate a bullish pattern turnaround in the coming week. The price is currently about $60000; but, Read more

Leave a Reply

Contact Us