A leading crypto analyst and trader, The Flow Horse, indicated an expected rise for the identity-focused altcoin project Worldcoin (WLD), led by Sam Altman, suggesting the upward momentum will persist. The analyst also spoke positively about Solana (SOL) and Avalanche (AVAX).
WLD May Rise with Momentum from Nvidia’s Event
The anonymous analyst known as The Flow Horse believes that WLD could rise after finding support at the potential $10 level. The analyst also pointed out that the growing interest in artificial intelligence-related projects that could benefit Worldcoin could be a potential catalyst at the upcoming GTC event organized by the world’s largest chip manufacturer, Nvidia.
WLD was trading at $9.08 at the time this article was prepared, with a roughly 5% decline over the last 24 hours. Despite this, The Flow Horse expects it to rise again with the anticipation surrounding Nvidia’s event scheduled for March 18-21. The analyst added that the price staying above the $10 level during this period of increased activity in Worldcoin would be an indicator of positive momentum.
Positive Remarks for Solana and Avalanche
In addition to WLD, The Flow Horse shared his views on leading altcoins, including Solana (SOL) and Avalanche (AVAX). The analyst mentioned that SOL could see a significant rise of over 22% from current prices after surpassing the $150-160 region, potentially reaching $200 in the short term. SOL was trading at $175.97, up 3.78% in the last 24 hours at the time this article was prepared.
Regarding Avalanche’s AVAX, the analyst expressed regret for not capitalizing on the recent break above the $50 level. Despite missing the opportunity to add to his position during the market downturn, The Flow Horse remains optimistic about AVAX’s upward potential.
With the latest data, AVAX was trading at $51.23, down 7.35% over the last 24 hours at the time this article was prepared. The data shows that the altcoin’s price has risen by 18.66% over the last 7 days and by 20.94% over the last 30 days.
