Bitcoin‘s rise to $30,000 has excited cryptocurrency investors. Renowned cryptocurrency analyst Altcoin Sherpa, who is closely followed, has revealed that he expects a rise in Rollbit (RLB), one of the top 100 altcoins by BTC and market value, and highlighted critical levels.
Pay Attention to Rollbit’s RLB!
Anonymous cryptocurrency analyst Altcoin Sherpa stated on his personal X account that Rollbit, which is among the top 100 altcoins, will perform very well in the short term. According to Altcoin Sherpa, Rollbit is enjoying renewed momentum with fresh capital inflows after a few weeks of stagnation.
A chart accompanying Altcoin Sherpa’s tweet shows that after breaking the $0.158 level, the next resistance level for RLB is around $0.20. The analyst noted the following in the chart:
RLB is entering an upward trend after a few weeks of stagnation. I believe it will become the leader in the industry with its short-term rise and perform very well.
RLB is currently trading at around $0.16, with an increase of approximately 7,600% from its 2022 closing price of approximately $0.00208.
Bitcoin at Make or Break Level: $32,000
After RLB, Altcoin Sherpa, looking at Bitcoin, said that the largest cryptocurrency will follow two possible scenarios in the coming weeks. The analyst stated the following for these two scenarios:
The next high level we see is critical. Things seem to be getting clearer in the coming weeks. If we break the $32,000 resistance, we will rise to $40,000. If this is the last peak level, then I think we will fall below $20,000.
The largest cryptocurrency BTC is currently trading just below $30,000, at $29,971, with an increase of over 5% in the last 24 hours. A jump towards $40,000, as indicated by the analyst, would mean an increase of approximately 38%.