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Reading: Analyst Marks Targets on Chart: TIA, SUI and Avalanche (AVAX) Comments
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EdaFace Newsfeed > Latest News > Technical Analysis > Analyst Marks Targets on Chart: TIA, SUI and Avalanche (AVAX) Comments
Technical Analysis

Analyst Marks Targets on Chart: TIA, SUI and Avalanche (AVAX) Comments

vitalclick
Last updated: September 22, 2024 7:43 pm
4 months ago
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The expected rise period for the last quarter will benefit altcoins the most and they will make bigger percentage gains compared to BTC. We have seen many altcoins that have increased several times even in the boring last 2 quarters of this year. There have also been cryptocurrencies that have increased more than 10 times since the beginning of the year. So, TIA, SUI Coin What are the price targets for . AVAX What are the latest predictions for?

Avalanche (AVAX)TIA and SUI Coin Comment

Avalanche (AVAX)

The biggest Ethereum $2,588 rival Avalanche $27 A few hours ago, Kyledoops shared a new review for . Here, he gave some signals about the future of AVAX by drawing attention to on-chain movement instead of price and wrote the following;

“Once the go-to choice for faster, cost-effective Ethereum alternatives, Avalanche is now targeting the enterprise and gaming sectors.

“Still, C-Chain active addresses fell to a 12-month low, reflecting the general distress in crypto markets. But the steps taken by heavyweights like JPMorgan to tokenize assets on the platform give us hope for the long-term future.”

The support Franklin announced last month was also an important step. While Avalanche has not been able to push the AVAX price forward due to its high annual inflation, the network is taking the right steps towards its long-term goals.

TIA and SUI Coin Comment

Although they are not as popular on social media lately, TIA and SUI Coin are important players in the sector. While investors generally forget about potential assets in the midst of chaos, good earning opportunities arise.

The analyst nicknamed Altcoin Sherpa discussed possible scenarios by sharing charts for two altcoins that he believes are overlooked and wrote;

“TIA at $5.10 and $1.25-1.30 SUI I’m watching these two altcoins.

TIA is a bit riskier because it is still bearish on higher timeframes. Basically you have to ask yourself if you think Cabal will hold for the breakout. Same thing for SUI but the chart is much better.”

In the TIA Coin chart below, the $5.44 level needs to be retaken as support and as the analyst noted above, there could be a good entry opportunity at $5.1. In the bullish scenario, the $5.84 and $6.5 targets are current.

Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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