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Reading: Analyst Forecasts Upward Trajectory for Worldcoin and Bullish Trends for Solana and Avalanche
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Latest cryptocurrency news > ALTCOIN > Analyst Forecasts Upward Trajectory for Worldcoin and Bullish Trends for Solana and Avalanche
ALTCOIN

Analyst Forecasts Upward Trajectory for Worldcoin and Bullish Trends for Solana and Avalanche

BH NEWS
Last updated: 15 March 2024 18:05
BH NEWS 2 years ago
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A prominent cryptocurrency analyst, The Flow Horse, forecasts an upward trend for Worldcoin (WLD), an identity-focused altcoin project. As the initiative is helmed by Sam Altman, the analyst predicts continued momentum that could lead to future gains. Prospects also look favorable for other significant cryptocurrencies such as Solana (SOL) and Avalanche (AVAX), according to the analyst’s insights.

Contents
Worldcoin Gears Up for Potential SurgeEncouraging Perspectives on Solana and Avalanche

Worldcoin Gears Up for Potential Surge

The Flow Horse, an anonymous but respected figure in the crypto sector, anticipates that Worldcoin could experience a surge, particularly after establishing support around the $10 mark. The analyst also highlights a budding interest in artificial intelligence initiatives which could propel Worldcoin further, especially during the upcoming GTC event hosted by Nvidia, a major chip manufacturer.

Although Worldcoin has seen a 5% decline, trading at $9.08 at the article’s press time, optimism remains high for a rebound around Nvidia’s event, scheduled for March 18-21. If prices maintain above $10 during this eventful period, it could signal a bullish trend for Worldcoin.

Encouraging Perspectives on Solana and Avalanche

Beyond Worldcoin, The Flow Horse has remarked positively on the prospects of Solana and Avalanche. With Solana potentially eclipsing the $150-160 threshold, the analyst suggests that a more than 22% increase from its current price is feasible, setting sights on a short-term goal of $200. At the moment, Solana is trading at $175.97, reflecting a 3.78% increase over the past day.

As for Avalanche’s AVAX, The Flow Horse regrets not seizing the opportunity to invest during its recent surge past the $50 mark. Despite the missed chance, there’s continued optimism for AVAX’s growth potential. Currently, AVAX stands at $51.23, showing a 7.35% decrease over the past 24 hours, yet its weekly and monthly gains are 18.66% and 20.94%, respectively.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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