According to a popular crypto analyst, a mini altcoin season has arrived as several digital assets come alive. Pseudonymous trader Altcoin Sherpa told his followers on the social media platform X that he is bullish on some altcoins for the rest of November. He believes there is a decent mini altseason currently underway and predicts a cooling off in December followed by a big run again in January.
The trader is particularly optimistic about Ethereum (ETH), expressing his opinion that ETH is likely to catch up to BTC and advising followers to start to scale in there.
Altcoin Sherpa also mentioned that Ethereum (ETH) competitor Solana (SOL) could soar another 32% from its current value. He noted the incredible moves of SOL and how there is no sign of the FTX supply coming onto the market yet.
Solana is currently trading for $56.97 at the time of writing, up 25.1% in the last 24 hours.
Additionally, the trader identified decentralized blockchain oracle Chainlink (LINK) as another altcoin with potential for growth, suggesting that it could increase more than 27% from its current value.
Chainlink is currently trading for $15.67 at the time of writing, up 7% in the last 24 hours. Altcoin Sherpa mentioned that he does not see this altcoin stalling out until it reaches $18-$20, expressing confidence in higher targets for the asset.
related: Chainlink (LINK) Breaks Records With 22% Price Surge In A Single Day
In the midst of the mini altcoin season, the trader has remained focused on providing insights and targets for exciting projects in the crypto space. It’s important to note that these are the opinions of the trader and not investment advice, and investors are advised to do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency, or digital assets.
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