Legendary Analyst Expects Rise In Aave And These Two Ethereum Rivals

A popular crypto analyst who correctly predicted the 2018 Bitcoin (BTC) bear market bottom said he expects bullishness in Aave (AAVE) and two Ethereum (ETH) rivals.

Trader Smart Contracter, a decentralized finance (DeFi) lending and borrowing protocol, to 205,400 Twitter followers aaveHe said that it is highly likely that the coin will hit an all-time high within a year after a massive 84% drop.

“Right now it’s actually pretty easy to find nice graphics like this, but I’m really looking into DeFi again. (DeFi) has been the most dispersed, but I don’t think it will stay that way. I wholeheartedly believe that it will reach all-time highs in the next 12 months.”

Source: Smart Contracter/Twitter

At the time of writing, Aave is trading at $173. A move to an all-time high indicates Aave has over 257% upside potential.

Next coin on Trader’s list, smart contract platform and Ethereum competitor Avalanche (AVAX). Smart Contracter said it agreed with TheGhost’s assessment, a different trader who believes AVAX is poised for an exit.

At the time of writing, Avalanche is trading at $91.02.

The latest coin on Smart Contracter’s radar is a blockchain for decentralized finance applications. Algorand (ALGO). Crypto strategist says ALGO’s bullish momentum will continue above $1.00 thinks.

“I think the move between $1.50-1.60 looks good. Still, I wouldn’t be confident to speculate much higher than that.”

Algorand is trading at $0.92 at the time of writing, which indicates about 70% upside potential towards the analyst’s target.

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.


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