This altcoin will outperform XRP, Solana, BNB, Dogecoin, Polygon and Litecoin

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• Sushiswap’s technical setup shows that the altcoin is set for a major rally going ahead.
• On the other hand, Bitcoin price tanks as the U.S. releases CPI numbers for September 22.

While Bitcoin has been staying relatively stable over the last few weeks, some altcoins have been showing good movement recently. A popular crypto analyst Altcoin Sherpa recently shared his thoughts on where Bitcoin moves next.

Besides, he also shared his views on the decentralized exchange token Sushiswap (SUSHI). Based on the technical chart setup, Altcoin Sherpa thinks that SUSHI could be due for a bounce, according to its exponential moving average (EMA) as well as the support and resistance levels indicated by the Fibonacci (fib) retracement.  In a message to his 184,300 Twitter followers, Sherpa said:

SUSHI: This area should provide a bounce w. 200 EMA 4h and .50 fib, would want to see some consolidation here though before entering. Careful of some weird… ‘news’ that might come out though…

Courtesy: Altcoin Sherpa

As of press time, SUSHI is trading at $1.19 with a market cap of $150 million. Furthermore, there’s also some controversy over Jared Grey, the newly appointed head chef at SushiSwap. Grey has been accused of stealing from a project called ALQO back in 2019. Many have questioned SushiSwap over his appointment earlier this month. However, Grey has responded by stating:

Today has been interesting. Let me be clear: the accusations towards me are 100% untrue. FYI, in 2019, my business partner stole funds from our community while I was busy raising funds to launch the Bitfineon exchange.

I have always operated with integrity in this space; you can reach out to anyone I’ve worked with directly over the years. I’ve had business failures, which CT likes to scrutinize, and I’m OK with that because it comes with the territory. However, baseless accusations are caustic and…