A popular cryptocurrency analyst in the crypto community, the three big altcoin made some bold price predictions for
The trader, known in the industry by the nickname Inmortal, tells his Twitter followers that Bitcoin (BTC) must now stay above $61,000 for the crypto market to continue its rise overall.
Should such a situation occur, Inmortal predicts that leading smart contract platform Ethereum (ETH) will rise more than 180 percent from $4,119 at the time of writing to $6,300 by mid-November.
The local presence of blockchain interoperability platform Cosmos (ATOM) is next on the analyst’s radar. Inmortal believes ATOM is “worth saving” and appears to be in a period of consolidation.
Crypto asset at approximately 0.00063 BTC in Bitcoin parity [39.92 dolar] that resistance will turn into support and after the coin it will move towards 0.00094 BTC. [59.56 dolar] He predicts a sideways trend until the beginning of next month, which he thinks will trigger a rally. This price action means a 200 percent increase.
Inmortal also expects a significant increase in the price of FTX Token (FTT), the service token of crypto exchange FTX. Saying that the accumulation process for FTT is already over, the trader predicts that the cryptocurrency will likely rise from its current level of around $65.00 to at least the $100 mark by November 10.
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.