A distinguished crypto strategist and dealer says that he sees one rising altcoin following the explosive worth motion of sensible contract platform Solana.
Pseudonymous dealer Inmortal tells his 66,600 Twitter followers that he’s taking a look at Cosmos (ATOM), a venture that goals to assist builders construct totally different blockchains that may transact and trade knowledge, making a decentralized web of blockchains. In keeping with the crypto analyst, Atom would be the next Solana (SOL), a crypto asset that has meteorically risen almost 350% within the final 30 days, in keeping with CoinGecko.
“FOMO (concern of lacking out) will begin quickly. ATOM.”
The crypto analyst can be taking a look at Cosmos in its Bitcoin pair (ATOM/BTC). In keeping with Inmortal, ATOM/BTC should flip 0.00055 ($25) resistance into help to ignite a parabolic rise in worth.
“One of many greatest accumulation ranges in ALT/BTC pairs, (+800 days). When ATOM lastly flips this KEY degree, I believe we’ll see some fireworks.”
Ought to ATOM/BTC comply with Inmortal’s script, the pair may rise to as excessive as 0.002 BTC ($91.14), which represents a possible upside of over 230% from its present worth of 0.0006 BTC or $27.34.
Inmortal can be holding a detailed watch on the value motion of Ethereum (ETH). The crypto analyst believes ETH’s transfer beneath $3,400 is a chance to purchase the dip.
“I’m seeing a chance right here. Cease hunt + robust bounce at KEY degree.
I’ll purchase any dips beneath $3,400, concentrating on $3,800 (Breakdown Level) for now.”
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