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SOL, AVAX, And ATOM Price Poised To Drop in Coming Days

Among the renowned crypto analysts and traders who’s mostly followed for his accurate altcoin prediction has develop his analysis on three of the very most important altcoins.

An anonymous strategist referred to as Altcoin Sherpa informs his 181,900 fanbases over Twitter that Solana (SOL), a good contract platform can make its move towards $25 soon.

He could be confident of Solana plunging towards $25 and says that when this is a build up phase the currency will register the lows again. Also says that even though its only a bearish momentum, the lows will occur.

$SOL: I believe a run at these $25 lows is coming. If we treat this being an accumulation range (Personally, i am skeptical), these lows are receiving tapped again. And, if we consider it’s bearish, then these lows (as well as lower) are coming too. So yeah, lower regardless of what #Solana pic.twitter.com/sbxl6uB83A

Altcoin Sherpa (@AltcoinSherpa) August 28, 2022

During publication, Solana is changing hands at $32.16 with a plunge of 2.07% during the last 24hrs. If Solana moves according to Sherpas predictions, SOL will dsicover a fall of 22% from its current position.

Avalanche (AVAX)

Another coin thats in the analysts list is another smart contract platform, Avalanche (AVX) where he claims that Avalanche is likely to retrace around $14.

Hence, he says that the traders will see the spot to get the currency on a lesser timeframe.

There are numerous reversal patterns in TA: Double bottoms, A&E, E&A, C&H, long accumulation ranges, etc.

You’ll get your possiblity to buy lower, whether or not this area may be the bottom OR if price just continues way lower. Show patience. $ATOM $AVAX pic.twitter.com/DSCOBgFSqG

Altcoin Sherpa (@AltcoinSherpa) August 28, 2022

Currently, Avalanche is selling at $19.50 following a pull back of 4.29% during the last 24hrs.

Cosmos (ATOM)

The strategist concludes his analysis with Cosmos (ATOM). It is a blockchain that’s intended to form a bridge between other blockchains.

According to Altcoin Sherpa Cosmos (ATOM ) is approximately to create a bullish higher low following a deep correction and drop around $8.

There are numerous reversal patterns in TA: Double bottoms, A&E, E&A, C&H, long accumulation ranges, etc.

You’ll get your possiblity to buy lower, whether or not this area may be the bottom OR if price just continues way lower. Show patience. $ATOM $AVAX pic.twitter.com/DSCOBgFSqG

Altcoin Sherpa (@AltcoinSherpa) August 28, 2022

During writing, Cosmos (ATOM) is valued at $11.89 having an upward move of 0.30% during the last 24hrs.

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Delma Wilson

Delma is really a B2B Content Marketer, Consultant, Blogger in neuro-scientific Blockchain, and Cryptocurrency. In her free time, she wants to blog, play badminton watching out ted talks.She likes pets and shares her leisure time with NGO.

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