Analyst Predicts Blue Skies Ahead for Large-Cap Altcoin Amid Market Correction

Altcoin Sherpa, a popular trader and analyst, is predicting blue skies ahead for the native token of layer-1 blockchain Toncoin (TON) despite a marketwide correction. With an all-time high of $8.25 on June 14th, Altcoin Sherpa believes that TON is still in a strong uptrend and one of the strongest charts in the crypto market.

Currently trading at $8.10, TON has seen a more than 3% increase in the last 24 hours. Altcoin Sherpa also warns about Solana (SOL) potentially collapsing against Ethereum (SOL/ETH), with SOL/ETH trading at 0.0409 ETH ($142) and down over 4.6% in the last 24 hours.

The analyst also mentions that the GPU rendering blockchain Render (RNDR) could retest the Fibonacci retracement level at $6.03, with RNDR currently trading at $7.94 and down more than 4% in the last 24 hours.

Lastly, Altcoin Sherpa predicts that Ethereum will print new all-time highs, with ETH currently trading at $3,479 and showing slight gains in the last 24 hours. Altcoin Sherpa’s insights provide valuable information for investors looking to navigate the volatile crypto market.

For more updates and alerts on cryptocurrency trends, you can subscribe to Altcoin Sherpa’s social media platform and stay informed about the latest developments in the crypto space.