Trader The Flow Horse Names 6 'Fast Horses' in the Digital Asset Race, Including AI, Memecoin and Layer-1 Projects
- Susan SarandonOriginal
- 2024-10-02 21:10:14974browse
Pseudonymous analyst The Flow Horse tells his Telegram subscribers that six altcoins are ahead of the crypto pack including projects in the artificial intelligence (AI)
Pseudonymous crypto analyst The Flow Horse has revealed his top picks for the fastest crypto assets in the digital asset race, highlighting six altcoins that are pulling ahead of the pack.
With the recent crypto correction, The Flow Horse believes that the dip is not a sign that strong altcoins are ready to give up most of the gains witnessed over the last few weeks.
“Anything mega-strong is likely seeing just a cool down and not a reversal. I am not sure of the depth or magnitude, but I am pretty confident about the direction. As long as prior daily pivots hold (the idea that previous major resistance turns support) I see no reason to be overly concerned.”
The trader zooms in on the memecoin Pepe (PEPE) to show how strong coins have flipped a former resistance into support following the pullback.
“Keep an eye on what is showing strength, and anything that is at a prior inflection point:
e.g. Pepe…
If markets firm up and the uncertainty comes out, this is the level.”
At time of writing, PEPE is trading for $0.00000983, up from its 24-hour lows of $0.0000929.
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