Renowned cryptocurrency expert, Altcoin Sherpa, has shared insights with the digital currency community, forecasting potential upswings for Internet Computer (ICP), Sei (SEI), and Gala (GALA). The well-known social media influencer believes that ICP is poised for growth after a period of stability. He also sees a breakout opportunity for SEI and an attractive investment prospect for GALA, despite their previous price declines.
ICP Gears Up for Growth
Altcoin Sherpa notes that ICP, currently priced at $17.60, has shown signs of an upward trajectory after exiting a consolidation phase that lasted several weeks. This optimistic assessment aligns with ICP’s recent surge, which saw a dramatic 70% increase over the past week. The Internet Computer project has been drawing investor attention due to its objectives to enhance internet speed and scale on decentralized platforms.
SEI and GALA Eye Potential Rebounds
Turning his attention to Sei, Altcoin Sherpa remarks on the Layer 1 network’s trading pattern, which has been fluctuating within a certain range for roughly three months. Despite this period of sideways movement, he foresees an end to this phase and anticipates an imminent price surge for SEI.
Lastly, the analyst points to Gala as an inviting investment, even as its mainnet token trades at a significant discount from its historical peak. With a current price of $0.065, GALA is seen as having a favorable risk-to-reward profile, given the right mix of financial backing, market catalysts, and ongoing development efforts.