A well-known cryptocurrency analyst is highlighting five alternative coins that he believes are showing strength despite the volatile market conditions.

Altcoin Sherpa, a trader who goes by a pseudonym, is sharing his insights with his 217,200 followers on the social media platform X. He mentions that Injective (INJ), Wormhole (W), JasmyCoin (JASMY), Stacks (STX), and Toncoin (TON) all appear bullish in a market that is mostly range-bound.

“Keep an eye on these for potential trades, as many other options are not looking great at the moment.”

Among his top picks is Wormhole, although he cautions that there may still be a possibility of a pullback and stagnation.

“Wormhole is standing out as one of the strongest coins currently, so it’s worth monitoring for active trading. I would look to buy in on a breakout – if there is a significant pullback, it will likely continue trading within the same range without making the big move we’re anticipating.”

Despite the warning, Wormhole is currently trading at $0.644, showing a slight decrease in the past 24 hours.

Turning to JASMY, Altcoin Sherpa expresses confidence in the token, stating that it appears “extremely strong” and is likely to reach its resistance level before any corrections.

“JASMY is impressively resilient. I’m not entirely sure what its purpose is, but it didn’t budge today. It seems like it could even reach $0.067 before experiencing any noticeable pullback.”

JASMY is currently trading at $0.0397, showing a 5.25% increase in the past 24 hours.

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