Prominent crypto analyst Justin Bennett has expressed confidence in the future price increase of CRV and SOL following recent corrections.
Predictions for CRV
Justin Bennett is optimistic about CRV reaching the $0.40-$0.50 range, using Friday's market drop to boost his holdings. He plans to increase his investments if the price exceeds $0.87 by the week's end. His outlook suggests a potential rise of CRV beyond $6.
How is Solana Expected to Perform?
In addition to CRV, Bennett forecasts that Solana is on the brink of a breakout after correcting to $180. Currently priced at around $195, this indicates a 9% rise over the last day. Bennett views this recent dip as an ideal buying moment, with potential further growth to $290 if support holds.
Risks and Recommendations for Investors
While forecasts for CRV and SOL are promising, potential market fluctuations can't be overlooked. Investors are encouraged to remain alert, conduct thorough research, and evaluate risks before making financial decisions in the rapidly changing cryptocurrency landscape.
Despite positive forecasts, investors should consider all nuances and risks involved in cryptocurrency investments and make decisions based on well-analyzed data.