Kaleo, one of the popular traders of the cryptocurrency world, follows three altcoin He predicted that the price would move upwards. published.
Kaleo aims to bring NFT features to the Bitcoin network ORDIHe signaled that there would be an increase in the local presence of .
The trader notes that ORDI has broken above its diagonal resistance, suggesting that the altcoin is ready to begin the next leg.
Last week, Kaleo said that ORDI could rise thanks to the strength of BTC.
Bitcoin looks poised to continue its rise as stocks continue to advance to all-time highs. Betting on BTC narratives seems like a smart play here. Ordinals will play a big role this cycle and I would be surprised if we don’t see the ORDI chart move up another notch.
NEWS CONTINUES BELOW
Based on the trader’s chart, it appears that ORDI is forecast to rise to its all-time high of $130. At the time of this writing, ORDI was trading at $68.23.
As we reported as Koinfinans.com, Kaleo stated that it follows the smart contract platform Avalanche (AVAX) closely. According to Kaleo, AVAX is poised to rise towards its 2023 high after breaking diagonal resistance. This means the price could rise above $50.
At the time of this writing, AVAX is trading at $39.37 and is down nearly 5% in the last 24 hours but is still above Kaleo’s resistance.
The last altcoin on the analyst’s list was THORChain (RUNE). Kaleo noted that the RUNE/BTC pair is rising and registering a high near 0.00049807 BTC or $24.64.
