Crypto Strategist Bullish on Gaming Altcoin Beam, Bearish on Ethereum Layer-2 Solution Arbitrum and Render

The crypto market is always full of surprises, and one widely followed analyst is making some bold predictions for a few altcoins. Altcoin Sherpa, a pseudonymous analyst with a large following on social media, is bullish on Beam (BEAM) for this market cycle. Despite the coin’s recent stagnation, Altcoin Sherpa believes that Beam has significant upside potential, with key levels of $0.036 and $0.040 in sight.

Currently trading at $0.031, Beam has seen a slight increase in the last 24 hours. Altcoin Sherpa is also keeping an eye on Ethereum’s layer-2 scaling solution Arbitrum (ARB), predicting a potential decline of more than 15% from its current value of $1.42. Additionally, Altcoin Sherpa is monitoring Render (RNDR), a project related to GPUs, which could see a 17% decline from its current value of $9.03.

While these predictions may seem daunting to some investors, Altcoin Sherpa remains confident in the long-term prospects of these altcoins. As always, it’s important for investors to do their own research and consider the risks involved in the volatile crypto market. Stay tuned for more updates from Altcoin Sherpa and other analysts in the space.