Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

SOL, LINK, SOPH To Rally Significantly in Next Bull Run: Analyst

Published 11/20/2023, 08:45 PM
Updated 11/20/2023, 09:15 PM
SOL, LINK, SOPH To Rally Significantly in Next Bull Run: Analyst
LINK/BTC
-
SOL/USD
-

  • Analyst expects SOL, LINK, and SOPH to rally substantially in the upcoming bull run.
  • Nick thinks Solana could go as high as $7,500 in the next bull cycle.
  • Theoretically, Nick thinks Chainlink could climb to $2,300 in the coming months.

Nick, a renowned crypto analyst and Cheeky Crypto YouTube channel host, has identified three altcoins that would perform exceptionally well, in his opinion, in the upcoming bull run. In a recently uploaded video, Nick mentioned Solana (SOL), Chainlink (LINK), and SophiaVerse (SOPH) as the altcoins he expects to deliver substantial returns from an upside movement in the coming months.

While explaining his reasons for choosing those particular altcoins, the renowned crypto analyst noted that Solana has put in a “fantastic reversal.” Despite his reluctance towards the layer-1 blockchain protocol, Nick thinks Solana has established some decent impulsive structures on the chart.

According to the Cheeky Crypto host, the established structures could potentially take Solana to phenomenally high numbers. Nick projects a potential target of $7,500 for Solana in the upcoming bull run, even though he believes things could change in…

The post SOL, LINK, SOPH To Rally Significantly in Next Bull Run: Analyst appeared first on Coin Edition.

Read more on Coin Edition

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.