A famous cryptocurrency analyst stated that he expects all-time highs to occur for the two altcoins that are ready to explode, while Chainlink (LINK) is also ready to rally. Here are the details.
Well-known crypto analyst Inmortal, in his post to his 72,600 followers, stated that he closely follows FTX Token (FTT), the utility of the cryptocurrency exchange FTX, and shared his analysis about the markets.
According to Inmortal, FTT is giving multiple bullish signals that could ignite an 85% rally at the current $54 value. “Divergence + Triple Raid + Taurus divergence. Sends FTT for $100.”
Inmortal also talked about the Cosmos (ATOM) project, which was launched as the “internet of blockchains” and stated that it follows ATOM. He said that it is possible for ATOM to reach an all-time high by following the path of the explosive altcoin Avalanche (AVAX).
“Since the crash, ATOM is one of the best performing altcoins (compared to others like AVAX or SOL). It has made a 46% jump so far. I expect ATOM to follow up with AVAX and make a new ATH soon.”
As for the decentralized oracle network Chainlink (LINK), it could experience a 66% increase in value after reclaiming a support at $24, which is a significant level. “Easy trade, send LINK to $40 levels, now!”
When we look at Bitcoin, the analyst stated that the king of crypto money will survive the declines and is preparing for a big rise.
“I don’t understand, but do a short V-turn if you want. BTC still seems to be around $100,000.”
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.