There’s a popular crypto analyst on Twitter (now X) called Miles Deutscher, who is very famous for analyzing many things concerning the crypto industry. So, he recently made a post about some of the cryptocurrencies on his watch list for the week. We will provide coverage on the top 5 cryptocurrencies in his list. Please note that this is just an opinion and not financial advice. Always do your own research before making any financial decision. With that in mind, let’s dive in!
Ethereum Takes the Top Position From this Crypto Analyst
- Miles Deutscher places Ethereum as his top cryptocurrency to watch out for in the new week. So, this crypto analyst believes that ETH is responding strongly to the ETH futures ETF approvals.
- It is leading other altcoins in the event burst of bullish trend since October started. Hence, it should be on the watch list of crypto traders.
Solana Takes the Second Place
- In the words of this crypto analyst, “SOL exploded yesterday and was a top performer of the weekend.” So, Solana, according to this analyst, is an altcoin to watch out for in the market.
- This crypto analyst even has a plan for Solana in the crypto market. According to Miles Deutscher, he plans on adding a spot as a major pullback in his Solana trading.
RNDT Makes the Watch List of This Crypto Analyst
- Not many crypto traders are aware of this token called RNDT. So, it is the native token of Radiant Capital and is making waves within a group of crypto traders. Miles Deutscher is saying it is among the altcoins to look out for.
- This crypto analyst starts by saying he is publicly bullish on RNDT. So, the Mainnet of this token launched on the 3rd of October, making the situation even more interesting. Miles Deutscher says he might sell off this token depending on how bearish or bullish Bitcoin turns out.
Chainlink Among the TOP Tokens to Watch
- Within the last few weeks, Chainlink continues to make massive improvements in the crypto market. So, Miles Deutscher believes it is among the cryptocurrencies to add to a watch list. This crypto analyst says those who are shorting LINK are getting disappointment as the token continues to make massive increases. So, there’s a reason this crypto analyst is in favor of this token.
- According to Miles Deutscher, LINK is at a major resistance. And there’s a massive rejection of this resistance from this token. So, this crypto analyst believes it should be on traders’ watch list to see what happens next.
Crypto Analyst Recommends ATOM as a Watch List Token
- ATOM is another crypto token to add to your weekly watch list, according to this crypto analyst. So, there’s a unique event happening within this token’s network. It is the Cosmoverse, Cosmos’ largest conference of the year. However, one thing to note is that there’s not much hype about this conference.
- Miles Deutscher says this is the reason to add ATOM to your crypto watch list. So, according to him, “I’d be looking at taking the adverse approach here. Keeping my eye on the Cosmos ecosystem in case any major news breaks.”
Conclusion
Some crypto analysts are very good at making recommendations regarding cryptocurrencies in the market. So, this is the case of Miles Deutscher, who made a list of certain cryptocurrencies he will keep an eye on within the week. Some of the cryptocurrencies within this list are ATOM, Chainlink, Ethereum, RNDT, and Solana.
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The information provided in this article is for informational purposes only and should not be considered financial advice. The article does not offer sufficient information to make investment decisions, nor does it constitute an offer, recommendation, or solicitation to buy or sell any financial instrument. The content is opinion of the author and does not reflect any view or suggestion or any kind of advise from CryptoNewsBytes.com. The author declares he does not hold any of the above mentioned tokens or received any incentive from the company.
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