Analysis

Trader Predicts Surges for Litecoin (LTC), Cosmos (ATOM) and The Sandbox (SAND) – Here Are His Targets

A extensively adopted crypto dealer thinks Litecoin (LTC), Cosmos (ATOM) and the Sandbox (SAND) are all gearing up for strikes to the upside.

The pseudonymous analyst Rekt Capital tells his 347,200 Twitter followers that the peer-to-peer funds community Litecoin is setting itself up for a brand new worth part.

In response to the dealer, Litecoin might quickly observe a path that propels LTC to as excessive as $110.

“LTC has efficiently retested the blue bull flag high which has enabled a return into the red-red vary. LTC returning into the red-red vary signifies that it might quickly observe the rest of the purple path.”

Image

Litecoin is buying and selling at $87.25 at time of writing. The Twelfth-ranked crypto asset by market cap is down 1.29% previously day.

Rekt Capital can also be bullish on Cosmos, an ecosystem of blockchains designed to scale and talk with one another. In response to the dealer, ATOM might rise over 20% from present costs.

“The upside continues and ATOM continues to place itself for a good month-to-month shut which might set worth up for a revisit of the $11 space over time.”

Image

ATOM is buying and selling at $9.16 at time of writing. The Twenty sixth-ranked crypto asset by market cap is down practically 4% previously 24 hours.

Moreover, the dealer predicts the metaverse-focused altcoin The Sandbox might surge all the way in which as much as the $0.638 vary.

“SAND was ready reclaim black help and rally +14%

In doing so, SAND might revisit the blue highs over time.”

Image

SAND is buying and selling at $0.425 at time of writing. The 53rd-ranked crypto asset by market cap is down practically 4% previously day.

See also  Crypto Market About To Enter Altcoin Season, Says Fundstrat’s Tom Lee – Here’s When

Do not Miss a Beat – Subscribe to get electronic mail alerts delivered on to your inbox

Examine Worth Motion

Observe us on Twitter, Facebook and Telegram

Surf The Every day Hodl Combine

Generated Picture: Midjourney



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Please enter CoinGecko Free Api Key to get this plugin works.