Crypto Analyst Predicts Potential Rallies for Select Altcoins
- Pentoshi, a crypto strategist, suggests the market may have hit a bottom as it is not reacting to negative economic news.
- PENGU, associated with Pudgy Penguins NFT project, could rise to $0.01658 from its current $0.01.
- Lido DAO (LDO) is maintaining support at $1.54 and currently trades at $1.59.
- IOTA might increase by over 21% from its current price of $0.23 after establishing support on the daily chart.
Pentoshi believes several altcoins are positioned for mean reversion moves, indicating potential price increases after recent market corrections.
Source (2.6)https://dailyhodl.com/2025/02/12/altcoins-flashing-signs-of-relief-as-several-coins-gear-up-for-mean-reversion-according-to-crypto-analyst/?rand=59076
