This article might be the best thing that any investor needs to find the right pivots for the next altcoin season.
In a recent Twitter thread, renowned analyst, CryptoAmsterdam mentioned that while Bitcoin appears to have maxed out somewhere around $64,000, the altcoins are set to do something similar—on a crazier scale.
The analyst highlighted 8 altcoins to keep an eye out for, and here's everything you need to know:
CryptoAmsterdam points out Rose as one of the "most promising".
This altcoin is ranked as the 91st largest altcoin by market cap on CoinMarketCap and has already stuffed a 7% gain in the bag over the last 24 hours, at the time of writing.
The analyst shared the chart above along with his outlook on the cryptocurrency, and it appears that he expects the cryptocurrency to rally straight up from $0.148 where it currently sits, to a whopping $0.55.
This marks a whopping 270% increase from current price levels!
The Ocean protocol is ranked the 142nd largest cryptocurrency by market cap.
The Ocean protocol is up by around 8% over the last day and by 17% over the last week.
According to the chart above, the analyst expects the cryptocurrency to rally straight up from $0.866 where it currently sits, to around $2.5, in a crazy 188.68% price increase.
ThorChain is a little higher up the ladder and is ranked the 48th best-performing asset on the market.
ThorChain currently trades at around $6.19 at the time of writing and is up by around 19% over the last day.
According to the chart snapshot attached to the tweet, the analyst expects RUNE to rally further upwards from here, and hit a top somewhere around $21, in a staggering 239.26% price increase.
Blur at the time of writing, is ranked the 81st largest cryptocurrency by market cap.
According to CoinMarketCap, the cryptocurrency has managed a 6% price increase over the last 7 days, and CryptoAmsterdam expects big things from it.
The chart snapshot attached to the tweet shows a possible decline to the cryptocurrency's range low around $0.45.
However, ultimately, we are bound to see the cryptocurrency rally straight up to around $1.9 at the end of the day, in an impressive 150% rally.
Mina, the 62nd largest cryptocurrency on the market currently trades at around $1.3
At the time of writing, the cryptocurrency is up by around 1%, and by another 3.8% over the last week.
According to CryptoAmsterdam, Mina is expected to break above $1.5 very soon, range for a while, and then rally straight up to $6.5 in a staggering 400% move to the upside.
Filecoin is ranked the 27th largest cryptocurrency on the market and has been performing extraordinarily over the last few days.
According to the analyst, Filecoin's rally is nowhere near over. In fact, Filecoin is arguably the most bullish of all.
The analyst predicts that the cryptocurrency is set to rally from where it currently sits around $8.2, to as high as $200 (and above), depending on whether the $200 caves in.
If this prediction hasn't hit yet, a rally from $8.2 to $200 on Filecoin would be around 2339.02%.
Woo, ranked the 93rd largest altcoin, trades at around $0.53.
Woo, according to the analyst, might experience a retest of the $0.3 zone.
However, CryptoAmsterdam ultimately expects the cryptocurrency to rally straight up to around $2, as shown below:
This price increase presents itself as a whopping 263.64% price increase from current price levels.
And finally…
Ethereum needs no introduction. The cryptocurrency is the 2nd largest cryptocurrency on CoinMarketCap and is up by around 15% over the last week.
Ethereum trades somewhere under $3,500, and according to the analyst, is set to outperform Bitcoin very soon.
The chart above shows the Ethereum versus Bitcoin chart, as well as a possible rally from 0.055 to around 0.16.
With this rally, and assuming that Bitcoin rallies to around $100,000 (for reference sake), Ethereum will be worth anywhere near $16,000 per token (also $32,000 per Ethereum if Bitcoin hits $200,000).
Disclaimer: Voice of Crypto aims to deliver accurate and up-to-date information, but it will not be responsible for any missing facts or inaccurate information. Cryptocurrencies are highly volatile financial assets, so research and make your own financial decisions.