Cryptocurrency trader Altcoin Sherpa predicts an increase for Bitcoin (BTC) when it comes to its current value of $27,569, according to his daily chart of the past Chicago Mercantile Exchange (CME) futures trading gaps for BTC. The trader is aiming for a gap of $36,000 or higher, a potential increase of around 30%. As for the Ethereum (ETH) rival, Solana (SOL), Altcoin Sherpa believes the asset could reach levels between approximately $25 and $40.

Investors take notice when trading gaps are deviated from, which is the case with BTC, making Sherpa’s prediction significant. Regarding SOL, the trader suggests that different patterns of trading could take effect depending on the long-term effects of the FTX situation. The native asset of the non-fungible token (NFT) marketplace, Blur (BLUR) is also in Sherpa's sights, as he suggest it will reach the $0.58 Fibonacci retracement level with large amounts of trading volume and several Exponential Moving Averages (EMAs) converging around that level. Lastly, decentralized borrowing protocol Liquity (LQTY) is currently in process of forming a local bottom according to Sherpa, at the $2.08 level.

The Altcoin Sherpa’s forecasts are not only important for investors but also for those looking to get involved in the cryptocurrency world. Traders must pay attention to the market and its trends in order to make informed decisions when investing. By making sure that they take into account other crypto assets, they can better calibrate their portfolios. The crypto market is ever changing and unpredictable, so investors must be on the lookout for crucial information pertaining to altcoins in order to make the right decisions.



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