Kaleo, one of the leading analysts of the cryptocurrency market, believes that important altcoins such as Cosmos (ATOM) and Gala (GALA) have the potential to show huge rises in the future. Here are Kaleo’s comprehensive reviews for three popular altcoins…
The analyst, who goes by the name Kaleo akma, first announced that he expected a strong upside for Cosmos’ local presence. According to the analyst, ATOM is on the point of breaking the diagonal resistance around $9.50. Based on historical performance and technical analysis, Kaleo states that it is time for ATOM to rise and eventually break above $10. According to the analyst’s chart analysis, ATOM is predicted to rise to $11.50.
“It’s time for ATOM to rise again and eventually break above $10.”
Koinfinans.com As we reported, ATOM was trading at $9.63 at press time.
The next altcoin is Gala (GALA). Kaleo’s evaluations of GALA show that the altcoin has successfully broken the bear market crossover resistance and is heading towards an upside target of $0.06. According to Kaleo, this breakout trend for Gala is based on the altcoin’s overall strong performance and offers investors a positive perspective on the future.
“We’re a little surprised that GALA hasn’t made a big move yet. “From here, a return to 2023 highs appears programmed.”
The last altcoin on the analyst’s radar was Stacks (STX), a crypto project designed to power applications and smart contracts on Bitcoin (BTC). Kaleo STX may rise to $1 after breaking its crossover resistance stated. Following Kaleo’s analysis, STX rose as expected and is trading at $1.15 at press time. It is a matter of curiosity what path the altcoin will follow from now on.
You can follow the current price movement here.