Cryptocurrency analyst Miles Deutscher, who is closely followed by investors, announced the 8 altcoins he will follow this week in his post on his X account.
Drawing attention to the recent correction and calmness of the crypto market, the analyst argued that this phase provides new opportunities for conscious investors.
Here is the Analyst's List of Eight Altcoins!
1-Injective (INJ)
Stating that investors' recent enthusiasm for INJ has decreased, the analyst said that they should not forget that INJ is one of the best performers of the year.
If INJ continues its bullish momentum, there is no reason why local tops at $19 cannot be tagged.
2-Pyth Network (PYTH)
Stating that PYTH is in an interesting position in the market, the analyst said that PYTH is a new, bright altcoin with low volatility and listed in the futures markets.
The analyst stated that other Solana tokens such as Jupiter and JITO could be competitors in front of PYTH, and advised those who already own PYTH to hold on to their tokens and not add more unless the price drops.
3- SuperFarm (SUPER)
Miles Deutscher stated that he sees potential for FOMO-induced price increases for SUPER.
Deutscher predicts for SUPER, “This may be one of the altcoins that has already risen so much, I don't buy it.” At this point, he argues that late buyers can push the SUPER price even higher.
4-Cosmos (ATOM)
Pointing out that the recent approval of the halving proposal is an important development for Cosmos, the analyst said that this development will potentially positively affect ATOM's price movement.
5-dYdX (DYDX)
DYDX had a major lock opening today. Even though these few days are negative for DYDX, I smell opportunity. It is necessary to monitor to see if the head and shoulders pattern continues on a daily basis.
6-Solana (SOL) and BONK
Stating that SOL had difficulty breaking $ 58 after multiple attempts, the analyst said that another peak could still be seen in Solana.
The analyst also noted that he is also monitoring BONK (Solana meme coin), which tends to move in tandem with Solana.
7-Vertex (VRTX)
Finally, the analyst who examined Vertex pointed out that there was a significant volume increase in Vertex, surpassing DYDX and Uniswap, and said that it should be among the altcoins to watch.
Weekly Token + Narrative Watchlist 🔎
The market is experiencing a much-needed cool off, creating many new opportunities.
Here are some of the altcoins I'm watching closely this week.👇$INJ: In the midst of a variety of other narratives performing, the INJ hype has quietened… pic.twitter.com/VJy15j4yLK
— Miles Deutscher (@milesdeutscher) November 27, 2023
*This is not investment advice.
