The small season of altcoins has begun

A mini-season of altcoins has begun, the trader says. He then names targets for Solana and a crypto-asset that is up 110% in a month. In this post from “Pooyan Music“, you will read an analysis of popular altcoins, Solana and Chainlink.

Has the small season of altcoins begun?

A popular crypto analyst says that altcoins’ mini-season is upon us with the growth of several digital assets.

The trader, who goes by the nickname Altcoin Sherpa, told his 197,900 followers on social media platform X that he is bullish on some altcoins for the rest of November.

“We’re having a nice little altcoin season right now. I would love to see it evolve. I’m guessing it’ll cool off a bit in December and then we’ll see a big move again in January. ETH will likely catch up to BTC. You should scale there IMO (in my opinion of course).

The trader says that rival Ethereum (ETH) and Solana (SOL) could experience more value growth by another 32%.

An analysis of Solana’s price action

“SOL: Incredible Moves. There is still no sign of FTX coming to market. If the price is above $50 on the

one week, there is no price action between here and the next zone, also known as $75. I am still optimistic about Solana. Of course, until we see otherwise.”

Solana is trading at $56.97 at the time of writing, up 25.1% in the last 24 hours.

Next, the trader says that Chainlink( LINK ) decentralized blockchain oracle could rise more than 27% from its current value. This currency has increased by 110% since October 15.

An analysis of Chainlink’s price action

“Chainlink: To be honest, I don’t see this growth stopping at $18-$20. After that, a small slope may occur. But I still think of much higher goals for this goal.

Many of us could have bought LINK during that 500 day accumulation period and then held it and made more money than trading.

Chainlinkis trading at $15.67 at the time of writing. This currency has increased by 7% in the last 24 hours.