Monday, May 10, 2021

Josh Rager Lists 10 Altcoins with Bullish Potential, Warns That Bitcoin Correction Is Not over Yet

Popular cryptocurrency analyst, Josh Rager, has listed ten altcoins he thinks have bullish potential. As he believes that Bitcoin (BTC) current correction is not over yet, he’s patiently waiting for the leading cryptocurrency to hit a bottom before proceeding with placing any buying order.

“This is why it can be wise to wait. BTC broke a daily level so continuation down, along with bounces in between, can be expected…

“Not worried about catching the bottom. Not going to rush into alts or buying more spot BTC or ETH yet.

“Happy to buy at a slightly higher price after confirmation of bounce or reversal. Nothing worse than buying something and watching it continue to go lower.”

Read Also: Crypto Whale Moved $106 Million in BTC; Raoul Paul Says Bitcoin Forming Extremely Bullish Patterns

Josh Rager further stated that Bitcoin (BTC) is likely to continue its current retracement, but won’t drop below the $19,000 region.

Read Also: Analyst: Cardano (ADA) and Tezos (XTZ) Will Surge Alongside BTC, ETH, and XRP in New Bull Cycle

Josh Rager Lists Ten Altcoins with Bullish Potential

In another development, Rager listed ten altcoins he thinks possess bullish potential in response to a query from Real Vision CEO Raoul Pal about altcoins he could add to his crypto portfolio aside from Ethereum (ETH).

Raoul Pal tweeted, “Danger! I’m going to add a basket of 10 alts to my BTC and ETH bets, using this dip.

Shill me your coin but with a quality paragraph WHY I should look at it. My knowledge base is low, so treat me like the idiot I am (nicely).”

Rager joined a number of big guns in the crypto industry to air his opinion regarding altcoins he’s bullish on. He listed ten decentralized finance (DeFi) “blue chip” assets.

Read Also: A New Crypto Asset Just Surged To Surpass Bitcoin All-Time High, Now Priced At $27,081

The ten DeFi assets mentioned by Rager are listed below:

The yield aggregator Yearn.finance (YFI), exchange token SushiSwap (SUSHI), exchange token Uniswap (UNI), non-custodial money market protocol Aave (AAVE), synthetic asset token SNX, lending token Compound (COMP), exchange liquidity token Curve DAO (CRV), cross-chain platform Alpha Finance (ALPHA), cross-chain platform THORChain (RUNE) and the data feed provider Chainlink (LINK).


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Solomon Odunayo
Solomon has a growing passion for writing, this propelled him to keenly work on Eagles News Media for about two years before delving into the cryptocurrency and Blockchain industry he finds more interesting. He worked as a crypto Journalist and Editor at NewsLogical before joining Herald Sheets, owing to the priceless experience he has accumulated since he became a contributor in the crypto community.

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