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November 1, 2023

Altcoin Sherpa's Predictions for THORChain, Blur, and MATIC: Target Prices and Analysis

Priya Sharma
Written byPriya SharmaWriter
Researched byNikos PapadopoulosResearcher

A widely followed crypto analyst, Altcoin Sherpa, has shared his predictions for two altcoins - THORChain (RUNE) and Blur (BLUR). Altcoin Sherpa believes that THORChain is ready to move up, with the next target price being $3. THORChain is a decentralized liquidity protocol that enables the exchange of assets across different blockchain networks without the need for centralized intermediaries.

Altcoin Sherpa's Predictions for THORChain, Blur, and MATIC: Target Prices and Analysis

On the other hand, Altcoin Sherpa thinks that Blur has the potential to reach $0.30, despite its recent 10% drop in the last 24 hours. Blur is a privacy-focused cryptocurrency that has seen a 43% increase in value over the past month.

Altcoin Sherpa also shares his outlook on Polygon (MATIC), a layer-2 scaling solution for Ethereum. While he believes that MATIC looks okay, he points out that the 200-week exponential moving average is currently at the same price level, making it a less attractive buy compared to other coins.

It's important to note that these predictions are based on the analysis and opinions of Altcoin Sherpa and should not be considered as investment advice. Investors are advised to conduct their own research and due diligence before making any investment decisions.

About the author
Priya Sharma
Priya Sharma
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Mumbai-born Priya is India's rising star in the realm of online casino guides. With a knack for fusing traditional Indian gaming narratives with cutting-edge digital dynamics, she's an essential bridge between classic and contemporary gaming for a vast Indian audience.

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