- According to Altcoin Sherpa, LINK, ARB, APT, BNB, and INJ constitute the top altcoins to watch for profitable trades.
- Sherpa’s review builds upon the price behavior of the altcoins.
- The price behavior is supported by technical indicators based on the historical behavior of the altcoins.
Chainlink (LINK), Arbitrum (ARB), Aptos (APT), Binance Coin (BNB), and Injective Protocol (INJ) constitute the top altcoins to watch for profitable trades, according to crypto personality Altcoin Sherpa. Sherpa’s review builds upon the price behavior of the altcoins, supported by technical indicators based on the historical behavior of the altcoins.
Chainlink (LINK)
Using the weekly chart, Sherpa showed that LINK has been in a sideways range for almost a year. It has stayed in that range since May 2022, attracting a large transaction volume. LINK’s recent behavior is similar to when it traded around $2. Then, it stayed in a tight range for almost a year before embarking on a significant rally that pushed the price to an all-time high (ATH) of $52. Sherpa believes that LINK would experience a repeat of such a rally as soon as it breaks above the current range.
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