A crypto analyst has identified four altcoins with its potential to make consistent gains for its investors: Ethereum (ETH), Solana (SOL), XRP, and Clearpool (CPOOL).
A crypto analyst has shortlisted four altcoins that have the potential to generate consistent gains for their investors — Ethereum (ETH), Solana (SOL), XRP, and Clearpool (CPOOL). These cryptocurrencies, the analyst believes, can perform well as the market goes through an upturn.
For instance, Ether has been underperforming in this bull run, trading 34% below its all-time high of $4,878 from November 2021, per CoinMarketCap data. During the recent dip, ETH barely held above $3,000, showing its current weakness.
However, institutional interest in the altcoin remains high, with the Trump-backed World Liberty Financial holding $201 million in ETH. The firm has also staked ETH using Lido Finance, holding $61.91 million in stETH as well. Ether has been trading above the $2,950 support, suggesting increased accumulation before the rally begins.
XRP is another token that analysts are suggesting investors consider. The altcoin dipped to $2.80 during the recent market drop before rebounding over 7% to $3.15, indicating strong buyer interest. The altcoin holds the third spot in the market, behind only Bitcoin and ETH. If a market-wide selloff occurs, $2.57 may be a solid entry point for investors.
The analyst is also highlighting SOL as another valuable investment. Recently, Solana reached an all-time high of $293 before facing resistance at $300. The blockchain continues to be the preferred network for meme coins, which has contributed to significant transaction volume.
The technical outlook suggests a strong support level for SOL between $216 and $224, making it an attractive buy during any short-term dips.
Finally, Clearpool (CPOOL) is also on the radar. This protocol operates in the rapidly expanding Real-World Assets (RWA) sector, a market projected to grow from $16 trillion to $30 trillion by 2030. With its price currently between $0.28 and $0.33, the digital asset offers a steal deal, considering its all-time high stands at $2.57, as per CoinMarketCap data.
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