Offering insights to his substantial following on Twitter, Altcoin Sherpa indicates a positive outlook on Solana (SOL) and gaming altcoin Beam (BEAM).

Altcoin Sherpa points out that SOL's price could significantly rise and suggests accumulating within the $168 - $208 range without worrying much about short-term fluctuations. On the other hand, BEAM might experience a 17% decline if a crucial support level on the daily timeframe fails. However, Altcoin Sherpa plans to hold BEAM for the long term regardless.

Moreover, Altcoin Sherpa shares his thoughts on Ethena (ENA), a synthetic dollar protocol that has seen over a 100% increase since its token generation event. He predicts a possible significant pullback in the future, although he admits to uncertainties due to new launches and market dynamics in the short term.

Solana, Beam, and Ethena are currently trading at $187, $0.0316, and $1.11, respectively.

Source: Altcoin Sherpa/X