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Attention! Scary Warning From The Analyst To This Altcoin: “Game Over Now!”
Summary
The analyst expects the continuation of the rise in Bitcoin Cash.
He pointed to a decline in Litecoin statements.
The expert said that the $10 level is a buying opportunity for Solana.
A popular cryptocurrency analyst has warned against Litecoin (LTC) while updating his outlook on Solana (SOL), a rival to Ethereum (ETH), the leading smart contract platform, and another bustling altcoin.
BCH Exception!
The analyst, known by the alias DonAlt, suggested on YouTube to his subscribers that altcoins are likely to underperform in the near term. However, he stated that there will be some exceptions, such as the altcoin Bitcoin Cash (BCH), which has managed to attract the attention of investors with its high performance in recent days. Experts made the following statements in their statements:
One thing I'm pretty sure about is that we will see altcoins as a whole continue to underperform. But as Bitcoin Cash has been doing well for the past few days, it's clear that there will be outliers.
Bitcoin Cash jumped from around $105 on June 20 and is trading at $276 at the time of writing, up more than 162%.
Covering Litecoin, another prominent altcoin following the BCH prediction, senior analyst DonAlt warned investors that the payment network could be headed towards a market correction. DonAlt said the following about Litecoin in his statements:
I'm not quite sure if the Bitcoin Cash game is up or not, but I'm pretty sure the Litecoin game is over.
Attention Litecoin!
However, according to the charts that analyst DonAlt shared with investors, Litecoin price was retesting the $95 level. Litecoin has since reclaimed $103, up 7.2% in the last 24 hours.
Finally, DonAlt suggested that if Ethereum rival Solana suddenly drops to $10, it would be a good buy for investors. Expert Solana emphasized the following in his statements:
If Solana goes to $10 a candle right now, would I buy? Yes. I usually like $10.
At the time of writing, Solana is trading at $29.16, up more than 33.5% in the last 24 hours.
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