The host of the popular crypto channel Coin Bureau states that two major altcoin projects are bullish. However, the analyst warns of a decline in 2 altcoins as well. cryptocoin.com We have compiled the details for you, let’s examine the subject together…
Analyst: I am bullish on this altcoin project!
The million-subscribed analyst known as “The Guy” says he watched smart contract platform Phantom (FTM) in a new video. While the altcoin is bullish, the Relative Strength Index (RSI) seems to point to an imminent correction. The analyst adds the following in his statements to the subject:
FTM looks strong on the charts, but the RSI shows that the strength is starting to run out. We are also approaching a key resistance zone around $2.60, so watch out if you are holding FTM as well.
Analyst says he is quite optimistic about NEAR
The analyst says he is quite optimistic about NEAR, a decentralized application (DApp) platform and Ethereum competitor. According to Guy, the fundamentals of NEAR are improving with solid price action. However, the analyst warns investors not to succumb to FOMO (fear of losing) just yet. The analyst adds the following in his statements to the subject:
Don’t get too caught up in FOMO, though. The chart shows that NEAR is about to finish pumping and could drop as low as $12 to $13 as it enters another phase of consolidation in the coming days.
Analyst: This DeFi Altcoin is ready to be collected!
The analyst also explains two altcoin projects he thinks are ready to rally. The first is the DeFi protocol Aave. According to the analyst, Aave’s daily chart may need a cooldown, but on a weekly scale, the altcoin looks poised to break $300 and potentially run up to $400 resistance, which is 53% off current prices. The analyst adds the following in his statements to the subject:
Aave’s pump, on the other hand, seems to be starting. There has been news that a Swiss bank called SEBA will integrate the enterprise version of the save protocol and allow their protocols to do DeFi harmoniously… Although Aave has expanded a bit on the daily, the weekly chart shows it has the momentum it needs to break the resistance zone at the $300 level in the coming months. . I suspect Aave will start to stutter around the next price resistance zone around $400.
Analyst locked in popular altcoin Cosmos (ATOM): Might be ATH!
The analyst is locked in Cosmos (ATOM) and states that he is waiting for ATH. The analyst adds the following in his statements to the subject:
ATOM’s price action is eerily similar to Aave’s in that the weekly price momentum is enormous. If we see a repeat of what happened in May, it won’t be long before ATOM hits its all-time high.
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram and YouTube join our channel!
Disclaimer: The articles and articles on Kriptokoin.com do not constitute investment advice. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, asset or service in this article.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.