After yesterday's market antics, it's important to see which coins/projects bounced the strongest and have the best fundamentals/use case going forward.
I've already posted about Solana (as have many), and had a trade set-up earlier in the year, but I think with the backing of Alameda this will go from strength to strength and is a fraction of Eth's market cap with potentially a stronger solution.
It has effectively reclaimed the majority of yesterday's downside, while a lot of the market is still lagging, so gives one of the best long trade opportunities going forwards.
$200 seems a reasonable price target being a 4x fib extension from the previous top to prior support. s/l at the low (if it goes below, the market is wrong).
Length of trade tbc, but I imagine some point in Q3 (possibly Q4) this year.
I've already posted about Solana (as have many), and had a trade set-up earlier in the year, but I think with the backing of Alameda this will go from strength to strength and is a fraction of Eth's market cap with potentially a stronger solution.
It has effectively reclaimed the majority of yesterday's downside, while a lot of the market is still lagging, so gives one of the best long trade opportunities going forwards.
$200 seems a reasonable price target being a 4x fib extension from the previous top to prior support. s/l at the low (if it goes below, the market is wrong).
Length of trade tbc, but I imagine some point in Q3 (possibly Q4) this year.