Trader Predicts One Ethereum Competitor To Plunge by Double Digits, Updates Outlook on Dogecoin and Polygon - The Daily Hodl

The Daily Hodl
The Daily Hodl

17 Nov 2023 7:05 PM

A popular crypto analyst is predicting that one Ethereum (ETH) competitor is on the verge of a massive collapse....

  • Crypto analyst Altcoin Sherpa predicts that Avalanche (AVAX) could decline by more than 22% from its current value.
  • AVAX is expected to pull back after crossing a key resistance level at $21.17 based on a historical pattern.
  • Dogecoin (DOGE) is on the verge of printing a bullish price pattern, but the analyst believes it is not as good as it was in previous cycles due to market capitalization.
  • Polygon (MATIC) is likely to retrace to a key Fibonacci level at $0.75 and then bounce.
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What is Altcoin Sherpa's prediction for Avalanche (AVAX)?What is the key resistance level for AVAX?How does the analyst view Dogecoin's (DOGE) recent moves?What is the suggested entry point for Polygon (MATIC)?

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AvalancheEthereum competitorcollapse predictionAltcoin SherpaDogecoinbullish patternmarket capitalizationPolygonFibonacci levelAVAXdogedogecoinMaticNews

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