Analyst Says Top-100 Altcoin That’s Exploded 174% in Days Is a ‘Strong Strong Coin,’ Updates Outlook on Ethereum and Plasma
A widely followed crypto analyst says that one top-100 altcoin that has seen massive gains over the last few days still looks strong while updating his outlook on Ethereum (ETH) and the stablecoin-focused blockchain Plasma (XPL). In a new thread, crypto strategist Altcoin Sherpa tells his 255,800 followers on X that privacy-focused blockchain ZCash (ZEC), which has seen its price skyrocket by 174% this week, is a strong token that still has room to grow. “Almost bought [ZEC] last night but didn’t; this green box is predictive of another leg [up], usually. Strong, strong coin.” Source: Altcoin Sherpa/X ZEC went from a low of $54 on September 28th to its current price of $145, a gain of about 170%. Moving on to the top altcoin, Sherpa says that while he’s skeptical that ETH has found its local bottom, things are looking up for the second-largest digital asset by market cap. “Was this ETH move really the bottom? I’m dubious but...