Trader Says ‘True Move’ Coming for One DeFi Altcoin, Turns Bullish on SUI and One AI-Focused Crypto Asset
A carefully adopted crypto strategist believes that one decentralized finance (DeFi) altcoin is gearing up for “explosive” rallies.
Pseudonymous analyst Altcoin Sherpa tells his 215,400 followers on the social media platform X that the native token for lending platform Aave (AAVE) may quickly spark one other leg up after buying and selling in a spread for weeks.
“AAVE’s true move coming again soon. I caught it [on September 8th] but am out (just as a scalp). I think a more explosive move is going to come though…lots of compression. Of course, we need BTC to play nice first but eyes on AAVE.”
AAVE is buying and selling for $137 at time of writing, up greater than 11% within the final 24 hours.
Subsequent up, the analyst says he’s turning bullish on Solana (SOL) competitor Sui (SUI). He says that SUI could dip to the Fibonacci retracement stage at $0.87, presenting a great entry level for bulls.
“$0.87 would be a good entry for SUI.”
SUI is buying and selling for $0.91 at time of writing, down barely within the final 24 hours.
Lastly, the analyst says that the Synthetic Superintelligence Alliance (FET) rally may proceed increased after breaking out.
“Nice move up for FET [September 8th]; to be determined if this has the juice to go higher. Would definitely take some off at $1.21ish though.”
FET is buying and selling for $1.16 at time of writing, up greater than 9% within the final 24 hours.
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