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Kyle from Crypto Banter revealed several cryptocurrencies that he will be looking to trade in the next few weeks. In the analysis, he named Curve DAO Token (CRV), Litecoin (LTC), Dogecoin (DOGE), Kaspa (KAS), and Solana (SOL) as altcoins to watch for trade opportunities that can generate substantial gains for traders this month.
The analyst noted that CRV’s price was rejected by the 200-day MA line over the past week. Consequently, the altcoin’s price dropped shortly thereafter. Kyle warned traders that this drop may continue in the coming few days and CRV may retest $0.32.
Following its halving event this week, the analyst stated that his outlook for LTC will not be bullish until its price breaks above the significant $100 mark. Should LTC break above the $100 level, and consolidate above this price point, then Kyle predicts that the cryptocurrency’s price may climb to $142.
Meanwhile, DOGE has been trading in a range for the past few weeks. The analyst did, however, point out the fact that the meme coin’s price has printed lower lows and lower highs during this period. He stipulated that DOGE needs to hold the $0.07 level as support to prevent a drastic price drop. If demand comes in at this point, he predicted that it could climb to $0.10.
With regards to KAS, Kyle mentioned that the altcoin is currently in a price discovery mode. Therefore, he does not believe it will be a good time to sell the cryptocurrency. Despite this, he did not rule out the possibility of its price dropping, however, and stated that $0.039 will be an important price point to watch if there is a pullback from its current price.
Lastly, the Crypto Banter analyst stated that things are not looking good for SOL from a technical perspective. He predicted that the Ethereum-killer’s price could drop to the 200-day MA line in the next few days. Should this happen, he believes that it will be a good long position entry if SOL’s price bounces off of this technical indicator.
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