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Analyst Justin Bennett Says Ethereum-Based Altcoin Could Explode by Over 600%, Updates Outlook on Solana

n70products by n70products
December 20, 2024
in Altcoin
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Analyst Justin Bennett Says Ethereum-Based Altcoin Could Explode by Over 600%, Updates Outlook on Solana
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A extensively adopted crypto analyst is abruptly turning bullish on one Ethereum (ETH)-based altcoin after its correction this week.

In a brand new thread on the social media platform X, crypto dealer Justin Bennett tells 115,500 followers that CRV, the native token of stablecoin lending platform CurveDAO, may soar greater than 600% from its present worth.

“Effectively, we didn’t get my extraordinarily hopeful $0.40-$0.50 purchase zone on CRV. I had a [prayer] there for a purpose. Lol. So I purchased [Friday’s] blood, and I’ll add extra on a weekly shut above $0.87. $6-plus potential in my view.”

Image
Supply: Justin Bennett/X

CRV is buying and selling for $0.77 at time of writing, down greater than 14% within the final 24 hours.

Subsequent up, the dealer says that Solana (SOL) could also be gearing up for a breakout after correcting into the $180 vary.

“SOL into $180s. As talked about two days in the past [on December 18th], that is the best shopping for alternative in my view. It’s considerably of a make or break space, so let’s go!”

Image
Supply: Justin Bennett/X

Taking a look at his chart, the dealer suggests if Solana can maintain the descending trendline as help, it might surge to $290.

Solana is buying and selling for $191 at time of writing, down greater than 7% within the final 24 hours.

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