Trader Bullish on Cosmos (ATOM), Says One Dogecoin Rival Setting Up for Next Leg Up – Here’s His Outlook
A broadly adopted crypto analyst is popping bullish on Cosmos (ATOM) because the altcoin area begins to take off.
Pseudonymous crypto strategist Altcoin Sherpa tells his 201,100 followers on the social media platform X that the native asset of the interoperable blockchain ecosystem Cosmos may surge greater than 27% from its present worth.
“ATOM: Cash like ATOM are laggards, however lastly waking up a bit. In all probability going to control this one and anticipate $15 to come back if BTC performs good.”
The dealer’s chart suggests ATOM is in an uptrend after breaking out of an accumulation vary between round $8 and $9, and could possibly be heading to the subsequent main space of resistance at about $15.40.
ATOM is buying and selling for $11.75 at time of writing, up 18.7% within the final 24 hours.
Subsequent up, the dealer says that Solana-based (SOL) memecoin and Dogecoin (DOGE) rival Bonk (BONK) could possibly be headed larger.
“BONK: subsequent leg coming?
In all probability good to have some publicity to this meme sensible. I’m already all out of my place however serious about re-entering.”
Wanting on the dealer’s chart, he means that BONK may quickly cross the $0.00001500 stage.
Bonk is buying and selling for $0.00001157 at time of writing, down 2.3% within the final 24 hours.
Lastly, the dealer says he’s bullish on Ethereum (ETH) and believes it may cross key ranges to the upside at $3,050 and $3,522, after having flipped the $2,100 stage into help.
“ETH: I nonetheless assume that Ethereum is without doubt one of the best trades you possibly can take. It consolidated beneath the $2,000ish mark for nearly two years and eventually out of that vary. That is going to catch up for positive and I feel that ETH/USD goes to $3,000 within the coming months.”
Ethereum is buying and selling for $2,190 at time of writing, down 1.2% within the final 24 hours.
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