Widely followed trader Altcoin Sherpa says an artificial intelligence (AI)-focused crypto asset is poised to provide opportunities for bulls.
Altcoin Sherpa tells its 236,000 followers on social media platform
After a correction, the trader says ZEREBRO will be “very strong” going forward.
“$0.50 is still resistance and I expect some kind of pullback between now and the low $0.60, but I still think this will be a very strong decline going forward. I have a sturdy bag of this. The team is full of shippers
I would consider the $0.40 area as a decent entry point.”
At the time of writing, ZEREBRO is trading at $0.54, up 38% in the last 24 hours.
Altcoin Sherpa is also bullish on decentralized perpetuals exchange Hyperliquid (HYPE).
He says those looking to get long on HYPE can start looking to accumulate at current prices, with a potential target above the $50 level.
“HYPE DCA (dollar cost average) between 30-25 and feel good about it.
Also consider saving some $$ to buy lower just in case it happens. low 20s would be a gift and I plan on adding many more as it comes.
still think it will go to $50+ before the end of the cycle.
At the time of writing, HYPE is trading at $0.26.
With his eye on the memecoin sector, the trader say many of the big memes like MOODENG, CHILLGUY or PNUT all “steer hard” from current prices or “fall off a cliff.”
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Generated image: Midjourney