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Key important tech skills that can shape your future – Times of India

March 21, 2022 | Author: admin

Todays world is moving with constant changes in different sectors, including business and technology. According to the changing trend, you need to update your skills regardless of your profession. You need to adapt to the latest changes taking place at your work and learning new skills can enhance your career growth. Also, you can boost up many new career chances with this.

If youre in a technology profession or planning to become a professional techie then you must need to grasp some important skills. The skills that are most in-demand and help to stay competitive can change your future.

While no one can predict the future but the following technology skills can upgrade your career positively.

So, learn the in-demand, future-proof, and trending skills that help you to get into a desired profession.

Most in-demand tech skills

The following are a few of the most in-demand technology skills that can shape your future much better.

Let us begin to know these skills in detail and how they are useful in a career.

Cloud computing

One of the most in-demand tech skills nowadays is Cloud computing. This is useful in storing and accessing different computing services like software, servers, databases, analytics, etc. through the internet. It allows companies and business entities to store their files and applications on a remote server or cloud server. Hence, it eliminates the need for a computers hard disk drive and reduces the storage costs also.

The files stored on the remote server can be accessed any time anywhere using the internet. According to some market reports, the Cloud Computing industry market size will increase up to $ 830 bn by 2025 globally. This major forecast says that cloud computing has much demand and in the future, the need will increase. Therefore, the demand for Cloud Computing Professionals and Engineers will highly increase and many entities will hire them.

Moreover, the benefits of cloud computing include- reduced costs, better speed, reliability, and will have better security also.

Data Science (DS)

Data Science is another most important and trending tech skill and has a good demand in the tech industry. This technical skill is mainly useful in extracting information and insights from different data sources. Besides, the process includes some scientific methods, tools, and techniques that help in this regard.

Moreover, data science professionals are highly required to extract this complex data. Many companies and business entities rely on these skilled DS experts to collect huge data. Hence, these Data Scientists help entities in compiling, sorting, and presenting accurate data & insights. This clear data helps them to make many informed decisions in their business.

The world market size of the DS industry is going to grow by $140 BN in the upcoming years.

Many business entities are mainly focusing on ease of doing business by gaining more data insights from the market. This will also help them to get a competitive advantage over the others to drive business much better.

Cyber security

Security is an important thing for any business or profession to lead a good and long life. Cyber security is the most important field that safeguards computer systems and networks from cyber-attacks or outside threats.

Cyber-attacks take place with the intention to access, alter, or destroy the sensitive or secret information stored on computers or networks. Cyber Security will increase customer confidence, protect crucial data, improve productivity, and much more.

Today, cyber-attacks are more common and much harmful for any business entity or an individual. Therefore, the demand for CS professionals & experts is highly growing.

Further, learning this in-demand tech skill can help you to launch a better career such as a Cyber Security Analyst, Network Engineer, IS Analyst, etc.

However, the cyber security field is already observing good growth. So, it is clear to say that in the upcoming years, we can see more cyber security jobs. For this, the CS aspirants need to be ready with the relevant skills with good training.

Artificial Intelligence

AI is one of the most in-demand tech skills that enable a machine to think like a human. The AI professionals focus on developing such types of machines that need programming to behave like humans and use intelligence to work. Further, these machines will work on different tasks with human intelligence and complete them without error.

AI is highly in-demand in the areas where repetition takes place, high productivity is required with faster decision making and less prone to errors. Experts with AI skills will have a better future looking at the increasing demand.

However, the global market expectations of AI are to grow by 42% by the year 2027. And also it will create more job opportunities.

Skill representation, problem-solving, reasoning, and intelligence are the associated skills with this profession. The AI experts will develop all the qualities in a machine to make them work much better.

Blockchain

Its a distributed ledger technology that stores digital transactions and distributes them over the network of thousands of computers. Blockchain is also known as the future technology which is currently trending with the popular word Cryptocurrency. Crypto is a digital currency based on blockchain technology and runs on digital platforms.

Moreover, blockchain helps in providing security, efficiency, and productivity with reduced costs.

It is an emerging field of technology and the demand for blockchain developers and professionals is ever-increasing. Learning the right tools and skills in blockchain can help you to get into a bright career. The expectation is that there will be around 67% growth in blockchains global market size by the coming years.

IoT (Internet of Things)

The term IoT simply defines everything connected to the internet like smart devices, where they connect with each other. IoT is made up of smart devices that connect with each other through sensors like smartphones, wearables, etc. They simply exchange data with each other over the internet using all the functions.

Depending upon the industrys needs various IoT apps can be created with different verticals. To become an IoT engineer there are different tech skills to learn including programming, security skills, cloud computing, and many more. Training in these skills will enhance your chances to become an IoT professional.

IoT technology is the fastest-growing field and expands to many sectors. There is an expectation that the IoT global market size will reach $ 1 Trillion by 2026 as per internet news. Therefore, the demand for IoT experts with good salaries will highly increase in the coming days.

Robotics (RPA)

The term refers to an automation process that helps to automate the most repetitive business processes. RPA or Robotic Process Automation is one of the emerging fields of technology that helps in developing software robots. These robots help in automating any desk job within any industry which requires repetition.

The program that RPA professionals develop for robots will actively perform all the repetitive tasks with automation. Also, it reduces industry costs and enhances productivity by engaging RPA professionals.

Therefore, Robotics is a great in-demand tech skill that can produce many opportunities in the coming years. Learning these skills will help the tech aspirants to grow with the changing trends.

Hence, there are many other in-demand tech skills apart from the above but these are the most important.

Views expressed above are the author's own.

END OF ARTICLE

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A Guide to Digitizing Your Business – Analytics Insight

March 21, 2022 | Author: admin

Business owners who fail to adapt and adjust to the many new changes may be at risk of being left behind.

The business world is continually evolving, and best practices from just a few decades ago are no longer always considered relevant. Business owners who fail to adapt and adjust to the many new changes may be at risk of being left behind.

If youve heard of business digitization or digital transformation, but youre not sure how this relates to your business or whether its even relevant, consider paying it some attention. Digitization can drive your business forward, and you can learn whats involved below.

When you search for, What Are The Different Types of MBA Specialisations? in search engines, you may see an MBA in information and knowledge management mentioned. A specialist in this line of work manages digital enterprises, provides strategic knowledge management, and executes digitization initiatives.

They work hard to convert previously analog information in your business into a digital form and combine it with electronic devices to process, store, and transmit information through networks, equipment, and digital circuits. Any typically manual processes in your workplace are identified and upgraded to digital methods to enhance business practices and meet customer demand.

When youre looking to utilize new technology to automate and streamline your current business processes and practices, you might be wondering what those new processes would look like. There are three that might prove relevant in your line of work: operational, management, and support.

Operational processes are an organized set of activities related to a product, service, or methodology in your business. Management processes involve leading the company, setting goals, and performing tasks and activities. Supporting processes are equally as important as they support the fundamental functions of your business.

It may seem complicated, but the process of digitization in all three of these areas is both advancing and simplifying industries.

Your current processes may not be broken, but they also may not be as efficient as others that now exist with updated technology. There are many benefits associated with digitization, including these below.

Servers and filing cabinets used to be the most effective and efficient way to store business and customer information. However, cloud storage has become an even better option for many businesses.

All business-related information can be stored in a cloud server, not on-site, which means youre able to access all the data you need from anywhere in the world, not just your own office. Cloud storage is known to be more affordable than many traditional storage methods while also being scalable to suit your up-to-the-minute storage needs.

While hiring someone with an MBA specialization in digitization initiatives may cost money, as does the initial setup and new technology, you may be able to save money over time when digitizing your business.

Labor-intensive business practices can often cost a lot of money, especially when you consider the time factor without automation. Even filling out forms can be an expensive exercise when you factor in printing and postage. When you digitize these practices, youre ultimately streamlining your processes while cutting costs simultaneously.

Increasing productivity goes hand in hand with saving money. When tasks take less time to complete, you can achieve more in the working day. Arm your team with the technology they need to streamline their daily processes, and you may be surprised at how many more tasks they can focus on in the average day.

When you realize just how many benefits there are associated with going digital, you may be ready to make the first step. It can be as easy as doing some of the following things.

If you havent updated your business practices before now, fear and lack of knowledge about new technology might be to blame. Hiring an expert to identify areas of improvement and guide you through changes may be one of the best decisions you make for your business.

Think about why you want to welcome technology into your business in the first place. Identify what your perfect business model would look like and the problems you want to solve, such as increased productivity.

For example, you might be beginning to realize that filling out forms for customers takes a long time and want to allow this process to happen online, giving control to the customers. You might look at digital programs and website additions for all customers to fill out and send forms digitally, rather than having to work through them with you in person.

Even if your team is entirely onboard with digitization, that doesnt mean you and them will not be overwhelmed by all the new changes. Make a plan for successful integration to keep disruption to a minimum. This plan might include making one small change at a time and welcoming everyone to attend training sessions.

Digitization can be daunting, but it can also be worth it. If youre ready to transform your business practices, now might be the right time to consider who can help and which changes youd like to make first.

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Internet of Things is the way for technological innovation – The Standard

March 21, 2022 | Author: admin

The Internet of Things (IoT) is a system of interrelated computing devices, mechanical and digital machines, objects, animals or people that are provided with unique identifiers. They have the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction.

Research firm MarketsandMarkets forecasts the global IoT market size to reach $561 billion (Sh64 trillion) by 2022 from $170.6 billion (Sh19.4 trillion) in 2017, rising at a compound annual growth rate of 26.9 per cent during the forecast period.

With digital transformation accelerating, the benefits that IoT can give organisations, especially those reliant on data collected from Edge devices, are substantial. IoT can be better integrated into existing systems while remaining scalable for growth opportunities.

Africa being a developing continent has shown great promise in the past decade that can be seen in the continents eagerness to transcend into the Fourth Industrial Revolution.

The industrial revolution that global markets are experiencing today, commonly referred to as Industry 4.0, is powered by technological advancements that include IoT, smart manufacturing, robotics and Artificial Intelligence (AI), to name a few.

IoT, supervisory control and data acquisition and industrial IoT are transforming manufacturing by allowing for a connected experience that has streamlined and simplified many manufacturing processes.

This will become a critical technology to enable the continent to embrace a digitally transformed landscape.

Industry leaders and government policymakers need to be open-minded and embrace the fast-paced change of digital technology for IoT to be implemented correctly. These include laws and legal frameworks to support data-driven technologies and innovation-driven growth. With the right mix of policies, technology experts can reap the benefits of IoT and AI in years to come.

An IoT environment delivers more intelligence on the assembly line or in the manufacturing process. Furthermore, it allows for data analytics to be captured and used to provide feedback, advanced notifications, state of health and other forms of reporting to improve the process throughout manufacturing operations.

All these elements become vital enablers in developing economies across the continent.

So, technology companies must therefore take the time to integrate IoT into existing technology roadmaps. There are several challenges to the adoption of IoT, which include:

Security

One of the key concerns over the future of IoT devices is security. As more devices become interconnected, unless they are well-secured, it could cause enormous security issues, especially for businesses. Hackers could easily gain entry into an entire network if just one of the devices isnt adequately protected. This means companies will need to spend a lot of money securing their IoT devices. The problem becomes even more concerning when you take into account that there is no concrete law thatcovers the numerous layers of IoT.

Speed and accessibility

The more devices are connected to a network, the slower it could become. Work will need to be done to improve speeds and businesses may want to consider switching to a wired, rather than a wireless network. Cloud architecture will also need to be upgraded. As it stands, the Cloud architecture can manage thousands, if not millions of devices. However, in future, they could end up having to support billions of devices.

Having so many devices connected at one time will prove problematic for existing servers. This also raises concerns over power supply and businesses will need to ensure they have a reliable source.

Compatibility

When it comes to actually connecting IoT devices, there are also likely to be issues with compatibility. This is because IoT is currently growing in so many different directions, so additional software and hardware will be needed to connect future devices. Issues could also be caused by diversity within operating systems, not enough standardised M2M protocols and non-unified cloud servers.

One of the area where IoT has grown in popularity over the past few years is financial technology (fintech). Companies here utilise the Internet, algorithms and software technologies to offer financial services to consumers.

Fintech organisations provide services that would usually be typically available within a traditional banking branch. Therefore, services such as loans, payments, investments and wealth management are now available through this industry vertical with the assistance of IoT. In addition, the other verticals that IoT will impact are agriculture and healthcare. By combining IoT with AI, the agriculture sector can benefit from optimal harvests to get advice on the best time to sow depending on weather conditions, soil and other indicators.

Agriculture can use these technologies to identify healthy and unhealthy crops, thereby triggering when pesticides should be sprayed with accuracy.

Adopting IoT technology can enable businesses to enhance their productivity and performance.

IoT devices streamline activities, collect data, monitor activities and provide useful insights.

IoT enables businesses to streamline their operations and utilise their resources effectively while gathering real-time information, allowing companies to explore and pursue new opportunities. While IoT adoption in Africa faces many hurdles with Internet penetration rates still low, there are some countries that are leading the way.

These include Kenya, South Africa, Rwanda, Mauritius and Seychelles, which have been addressing IoT as a priority. If IoT is to be successful, especially in rural areas, four issues must be addressed. These are; a more extended range for rural access; cost of hardware and services; limit dependency on proprietary infrastructures, and; provide local interaction models.

Looking ahead, IoT will impact the future of virtually every industry and every human being not only in Africa, but globally. IoT technology will continue to work as a technological innovator for the foreseeable future in Africa.

The writer is the chairman of BTN, an ICT provider in East Africa. ([emailprotected])

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Altcoins Primed for Heavy Rallies As Crypto Markets Target $2 Trillion Valuation: Analyst Justin Bennett – The Daily Hodl

March 21, 2022 | Author: admin

A popular crypto strategist is predicting heavy rallies for altcoins as the broader crypto markets show signs of strength.

Analyst Justin Bennett tells his 98,600 Twitter followers that hes looking at the total valuation of all crypto assets (TOTAL).

According to Bennett, the TOTAL chart has broken out of its diagonal resistance that has kept the market bearish for about four months.

Thats more like it. TOTAL.

Based on the analysts chart, the breakout could send the valuation of all crypto assets above the $2 trillion level.

As the TOTAL chart breaks out, Bennett highlights that the market cap of all altcoins appears to be bouncing from its diagonal support.

Probably not the best time to be bearish.

Altcoin market cap linear view The bottom line is that it makes zero sense to be bearish while markets are above macro support.

Bennett also highlights that the Bitcoin Dominance index (BTC.D), which tracks the percentage of BTCs market cap relative to all other crypto assets, has broken down from its diagonal support.

According to Bennett, the move signals the beginning of a fresh altcoin season or a period where altcoins significantly outperform Bitcoin.

BTC.D (Bitcoin dominance) is starting to break down.

Likely back to 39.5% in the next few weeks.

Enter AltSeason2022.

Featured Image: Shutterstock/Tithi Luadthong/Natalia Siiatovskaia

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Altcoin Psycho, a famous name in the crypto space, is trending on twitter – News Live

March 21, 2022 | Author: admin

His trading expertise over the crypto space has earned him a commendable position in the industry today.

Crypto-mania is gaining popularity across the globe, with many investors stepping into this zone as its potential has been realized on a global scale. This ever-rising trend has introduced many industry experts who have mastered the art of crypto trading and are spreading their knowledge or the benefit of those who want to take up this opportunity. Altcoin Psycho is one such expert who has grasped the art of crypto trading and is today known to use the most profitable strategies backed by automated technology to trade in cryptocurrencies.

Altcoin Psycho has been around the scene since 2013, doing extremely well on popular social media platform Twitter. He says that he has always been passionate about digital currencies ever since it debuted and has been a keen observer of this space, having gained enough knowledge about crypto trading with time. He occupies the position of an advisor at Sino Global Capital, which is a network that helps portfolio companies to enter one of the most distinctive but essential markets in the blockchain sphere in Asia.

The popular trader began his rise to popularity after correctly predicting the exact bottom of the previous bear market in 2019:

Furthermore, he is the mind behind the creation of PsychoBot, which is a fully automated price action trend bot. The bot made big splashes in the automated trading scene after claiming the #1 spot on the trading bot PnLleaderboard, making it the most profitable bot in the scene. The bot works on a breakout strategy and uses high time frames like the 1D and 3D for trend confirmation.

The bot is no longer for sale as he switches focuses from retail algorithms to institutional algorithms. The crypto analyst has more than 16,000 subscribers on YouTube, and he is also trending on Twitter with over 420K follower

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The Altcoin Special: Make Millions Investing in Altcoins this March – EconoTimes

March 21, 2022 | Author: admin

Litecoin (LTC), Chainlink (LINK), and Seesaw Protocol (SSW)

Fact Altcoins have and still keep creating millionaires globally.

Fact - the market is unpredictable; yet, mining and investing in Litecoin (LTC), Chainlink (LINK), and Seesaw Protocol (SSW), whether as a single miner or as part of a mining pool, may be a very rewarding endeavour.

Fact Investing this March, while the cryptocurrency market is heading to its biggest boom yet (predicted to reach $3 trillion in value) could lead to big profits.

Fact Anyone with a smart device (iPhone or Android) and an internet connection can join the metaverse and start earning from today.

SSW ad

Seesaw Protocol (SSW) News

Smart, rapid, next-generation, and low-cost, Seesaw Protocol (SSW) is becoming more popular every day.

The numbers speak for themselves;

SSW started at $0.005. The present price is $0.140. The expected price is $0.50 (obtainable by April). Since January the rapid expansion and growth have led the democratic network to increase by more than 2,000 percent. With a projected growth still to be reached of +7300%.

Seesaw Protocol is in the second pre-sale round, with plenty of profit still to be gained. SSW presents its members and holders with additional perks and profit opportunities through clever incentive and referral programs (of fee sharing and passive gains).

Other altcoins (like Filecoin) have shown that presales can be highly profitable enterprises to enter as the price is lower, however, the benefits are bigger before a token's launch on the markets.

SSW has all the necessary figures to make you rich, with analysts predicting a 7000 percent growth in the following month and with a +141% growth in only one month, +6 in seven days, Seesaw Protocol should definitely hold a place in your crypto-wallet.

Litecoin (LTC) News

The "Lite version of Bitcoin."

Litecoin (LTC) is a cryptocurrency built upon the Bitcoin (BTC) blockchain (the most prominent name in crypto). It was launched in September 2011 by entrepreneur Charlie Lee, who is widely regarded as one of the most outstanding figures in the cryptocurrency sector. Since then, it has seen an increase in both usage and merchant acceptance, and it has continuously ranked amongst the 10 leading altcoins in terms of market value (7,696,698,346 USD).

Litecoin (LTC) is a virtual currency that uses blockchain technology to enable fast, reliable, and low-cost payments to be made between users.

In the present market, LTC is selling at 110 USD and is up +4.89% in 7 days of trade.

Chainlink (LINK) News

As a way to connect different blockchains for smart contracts, Chainlink was created in 2017. To securely connect blockchains to external market data, events, and payment mechanisms, Chainlink has built a decentralised database network called the Oracle Network (ON). This means that complicated smart contracts will become the main type of digital agreement.

In order to run the Chainlink Network, people share information, data and run nodes, construct smart contracts, and check for security vulnerabilities.

In a recent report, Bank of America said Chainlink could speed up the use of next-generation blockchains in finance, insurance, supply chain, gaming, and gambling.

Presently traded at $14.91 per LTC, up 11% for the week.

Enter Presale: https://presale.seesawprotocol.io/register

Website: https://seesawprotocol.io/

Telegram: https://t.me/SEESAWPROTOCOL

Twitter: https://twitter.com/SEESAWPROTOCOL

Instagram: https://www.instagram.com/seesaw.protocol

This article does not necessarily reflect the opinions of the editors or management of EconoTimes

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Is the altcoin market more powerful than Bitcoin (BTC)? – FXStreet

March 21, 2022 | Author: admin

Bulls mayhave seized the initiative today as almost all coins are trading in the green zone.

Top coins by CoinMarketCap

Bitcoin (BTC) has shownsignificant growth over the last 24 hours, rising by almost 5%.

BTC/USD chart by TradingView

However, the main crypto remains trading in the range, gathering energy for afurther move. Today's rise has been supported byhigh volumes, which means that buyers are ready to hold the rate above the vital $40,000. If they can do that, there is a chance to see the growth to the resistance level at $45,400. But it maytake a few weeks for this scenario to come true.

Bitcoin is trading at $40,528 at press time.

Ethereum (ETH) has even outperformed Bitcoin (BTC), rocketing by 5.58% since yesterday.

ETH/USD chart by TradingView

Despite the sharp growth, Ethereum (ETH) has not accumulated enough energy for agrowth or decline. From another point of view, the buying volume is going up, which implies aslight advantageof bulls over bears. If buyers can hold the rate of ETH above the zone of the most liquidity at $2,650, there is a possibility to see arise to the $3,000 mark.

Ethereum is trading at $2,684 at press time.

Cardano (ADA) is not an exception tothe rule, rising by 2.46%.

ADA/USD chart by Trading View

Analyzing the daily time frame, the price is located closer to the support level than to the resistance, which means that bears remain more powerful than bulls in the mid-term. From another point of view, the buying trading volume has increased, confirmingbulls' power.

If the rate can hold above $0.80, one can expectslow growth to the zone around $0.90 until the end of the week.

ADA is trading at $0.821 at press time.

Binance Coin (BNB) has gained morethan Cardano (ADA) as the growth of the native exchange coin has made up 3.11%.

BNB/USD chart by TradingView

Binance Coin (BNB) has bounced off the zone of the most liquidity at $370 that serves the support. Even thoughthe price is located in awide range, bulls are showing their power. If the daily candle closes in the area of $380 with no long wicks, buyers have the chanceto come back to the rate of$400 shortly.

BNB is trading at $378.7 at press time.

Avalanche (AVAX) has risen by 4.14% over the past 24 hours.

AVAX/USD chart by TradingView

Avalanche (AVAX) could not show the same performance as BNB as it is far away from its resistance level. Buyers are trying to hold the rate above the $70 mark;however, the trading volume is going down. If the bears keep their pressure, one can see the price of the altcoin around the support at $64 shortly.

AVAX is trading at $70.83 at press time.

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New Ethereum-Based Altcoin Shatters $700,000,000 Market Cap As Coinbase and Binance Announce Surprise Support – The Daily Hodl

March 21, 2022 | Author: admin

A brand new crypto asset created by the founders of the popular Bored Ape Yacht Club (BAYC) is leaping out of the starting gate with serious momentum.

Top crypto exchanges Coinbase and Binance have both added ApeCoin (APE) to their roster of digital assets despite the altcoin being less than a day old.

The project announces in a tweet,

Introducing ApeCoin (APE), a token for culture, gaming, and commerce used to empower a decentralized community building at the forefront of Web3.

BAYC was founded by Yuga Labs and is known throughout the blockchain world for its signature ape-themed non-fungible token (NFT) artwork.

The Ethereum-based APE governance token will help facilitate the workings of ApeCoins community-run decentralized autonomous organization (DAO).

Coinbase says in a tweet that APE will be accompanied by the Experimental label, which the company applies to assets that are either new to our platform or have relatively low trading volume compared to our broader crypto marketplace.

Coinbase users can send and receive APE across the entire platform, but trading is currently limited to Coinbase Pro in the Tether (USDT) trading pair.

In the Binance listing announcement, the exchange says APE will be available to trade in the Bitcoin (BTC), Binance USD (BUSD) and USDT pairs.

ApeCoin debuted today priced at $7.40, then quickly jumped by 20% to $8.94 before correcting to its current valuation of $7.95.

Featured Image: Shutterstock/Vink Fan/Fotomay

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Ethereum and This Top-25 Altcoin Are Flashing Bullish Signals, According to Crypto Analytics Firm Santiment – The Daily Hodl

March 21, 2022 | Author: admin

A leading analytics firm says the utility of Ethereum (ETH) hasnt dipped despite its price plummet over the past few months.

Santiment notes in a new tweet that ETHs number of daily active addresses (DAA) has remained steady over the past four months despite losing approximately 35% in price over the same period.

According to the crypto analytics firm, the disparity between Ethereums DAA and price has created a bullish divergence for the leading smart contract platform.

Ethereum is trading at $2,769.18 at time of writing, up nearly 5% in the past 24 hours.

Ethereum isnt the only crypto asset flashing potentially bullish metrics. Santiment says that the decentralized oracle network Chainlink (LINK) is in an interesting token circulation pattern.

As the analytics firm explains in a recent Santiment Insights blogpost,

There were a few times when circulation increased, then dumped, and then price surged. There is a chance we are now in a similar pattern.

Santiment also notes that since January, the majority of LINK tokens have been moved at a loss, a potential bottom indicator.

LINK is trading at $14.73 at time of writing. The 24th-ranked crypto asset by market cap is up more than 6% in the past 24 hours.

Featured Image: Shutterstock/local_doctor/Natalia Siiatovskaia

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Top Analyst Predicts Whats Ahead for Dogecoin (DOGE), Solana (SOL) and One Additional Altcoin – The Daily Hodl

March 21, 2022 | Author: admin

A popular crypto trader and analyst is revealing his outlook on leading memecoin Dogecoin (DOGE), smart contract platform Solana (SOL), and another large-cap altcoin.

The pseudonymous analyst known as Altcoin Sherpa tells his 170,000 followers that hes got his eye on Dogecoin, and waiting for more downside before thinking about pulling the trigger on DOGE.

DOGE: Probably a good buy at .05 to be honest

If the analysts expectations come to be, DOGE will collapse another 54% before finding support and potentially igniting another bull run.

When it comes to Solana, Altcoin Sherpa says that hes still undecided on SOL. According to him, one last shakeout to the downside is a likely scenario, but the $80 range could act as a solid accumulation range.

SOL: Undecided if I think this is the bottom or not, short term bottom looks possible but Im still waiting for 1 potential last shakeout. I think its an ok idea to start scaling in around 80ish a little bit personally but there is no change in market structure yet.

The analyst also has his radar locked on FTT, the utility token on crypto exchange FTX. While FTT has mostly traded sideways for some time now, Altcoin Sherpa says he may reluctantly flip bullish on the altcoin given that he thinks the token is in an accumulation zone.

FTT: Hows your stablecoin feel?

Jokes aside, this 1 has held up way better than many other altcoins. I still dont like buying this thing but I have to admit its looking like accumulation.

As for Bitcoin, the analyst says hes waiting for BTC to break $34,000 to confirm a downtrend, or $46,000 to confirm a new bull run as the flagship crypto asset continues to trade in a compressed pattern.

BTC: Im not doing anything until 34k or 46k gets broken. Huge compression here, big move is incoming IMO. Wouldnt be surprised to see a scam pump up. Lower highs and higher lows currently.

Featured Image: Shutterstock/3000ad/MrArtHit

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