A well-liked crypto analyst recognized for his well timed altcoin calls makes a number of bullish predictions for a variety of digital belongings.
The pseudonymous dealer dubbed Kaleo tells its 538,000 Twitter followers that Cosmos (ATOM), which goals to be an ecosystem of interoperable blockchains, can be one of many extra explosive altcoins in the marketplace as soon as it kicks off.
Kaleo takes a have a look at the Cosmos Bitcoin (ATOM/BTC) pair, which he believes will sign the subsequent massive transfer for ATOM.
“I would not sleep on ATOM both.
When it lastly breaks out of this three-year base vary fashioned on the BTC pair, it will likely be explosive.”
Supply: Kaleo/Twitter
On the time of writing, ATOM is valued at $15.12.
Kaleo additionally has a excessive worth goal for meme token Dogecoin (DOGE), which he believes has much more gasoline in its tank regardless of the current hype surrounding it.
In keeping with Kaleo, DOGE is on monitor to mark the $0.20 stage.
“DOGE path at $0.20.”
On the time of writing, DOGE is altering arms for $0.124.
The dealer additionally predicts great power for Ethereum (ETH)’s prime rival Solana (SOL), predicting it to considerably outperform Bitcoin within the coming weeks.
“SOL is about to fulfill absolute opposition on this lovely Saturday morning.”
Based mostly on Kaleo’s chart, he expects the SOL/BTC ratio to extend by round 78% from the present worth of 0.00168 BTC ($35.56).
The intently adopted dealer can be bullish on the Ethereum scaling resolution Polygon (MATIC). Though Kaleo has been comparatively sturdy in opposition to the market over the previous week, Kaleo believes MATIC has extra room to run and has set a tough goal close to the all-time excessive of round $2.80.
“A number of room to run larger.”
On the time of writing, MATIC is buying and selling at $1.15.
The crypto dealer has additionally turned its radar on THORchain (RUNE), a blockchain platform designed to facilitate the protected and low-cost switch of belongings between totally different blockchains.
Kaleo requires an upside goal of $3.00 for RUNE, 81% larger than the present worth of $1.65.
“The perfect RUNE worth goal is ~$3.00”
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Featured picture: Shutterstock/wacomka/Andy Chipus
