A popular crypto trader expects an iti-performing altcoin to experience a 200 percent increase and thinks Ethereum (ETH) will recover following Bitcoin (BTC) bullish action.
A trader known as Inmortal and widely followed in the crypto community tweeted; He believes that smart contract platform Cosmos (ATOM) looks poised to experience a 200 percent rally towards $100, and any move below $30 is an excellent opportunity to buy more ATOM.
According to CoinGecko data, ATOM is trading at $35.76 at the time of writing.
“My dear cosmonauts, the plan has not changed, [ATOM] It was programmed for $100. In the meantime, I will try to buy at the lows below $30”
Next on the crypto analyst’s list is FTT, the utility token of crypto derivatives exchange FTX. Inmortal expects the asset, which is currently trading at $56.23, to continue rising after consolidating in the $50-60 range.
“I did my duty. I’ve saved as much FTT as I can, between $50-60. Send it.”
Sharing his comments on the top crypto asset, the trader observes that Bitcoin seems poised to set an all-time high after jumping from $40,000 earlier last week.
“The time has come to set a new ATH (all-time high).”
The analyst predicts that Ethereum will follow Bitcoin’s lead after BTC performs a bullish impulse above $51,000. At the time of writing, ETH is sitting at just over $3,542.
“ETH ready to follow BTC”
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.