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These two cryptocurrencies may be the first to hit new record highs

These two cryptocurrencies may be the first to hit new record highs

Cryptodnes2024/06/20 23:58
By:Cryptodnes

A leading analyst predicts that in 2024, altcoins that manage to withstand the current decline will be the first to reach new highs.

The analyst known as Jason Picino is watching altcoins form bullish patterns at higher lows.

According to the expert : "Altcoins holding higher lows will most likely break to new highs and perhaps all-time highs during this period in mid-2024.. "

In recent video Pizzino named some of the best performing altcoins during this market correction, highlighting two of them – Solana и pendle .

READ MORE:
Two DeFi altcoins that could reap big profits, according to a crypto expert

The analyst advises long-term investors that the continued decline in altcoin prices gives them an opportunity to buy promising projects ahead of the expected market rally later this year. He emphasized that the top tokens come out stronger after big declines, as evidenced by history.

“We've seen it before; eventually we recover. A good example is Solana. But a look at historical charts for those in doubt can be instructive, showing some assets falling 80% in a month.”

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