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Home»ALTCOIN NEWS»Analyst Predicts Rebound for Cosmos, Gala and One Bitcoin Ecosystem Altcoins His goals are:
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Analyst Predicts Rebound for Cosmos, Gala and One Bitcoin Ecosystem Altcoins His goals are:

By Crypto FlexsDecember 5, 20232 Mins Read
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Analyst Predicts Rebound for Cosmos, Gala and One Bitcoin Ecosystem Altcoins  His goals are:
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A widely respected cryptocurrency strategist believes a major rally is imminent for three altcoins, including Cosmos (ATOM) and Gala (GALA).

Household analyst Kaleo tells his 608,200 followers on social media platform X that he believes a strong breakout rally for the underlying asset of interoperable blockchain Cosmos is just around the corner.

According to Kaleo, ATOM is preparing to clear the diagonal resistance around $9.50.

“This time atom “It goes back to its peak and you finally send more than $10.”

source: Kaleo/X

Looking at the trader’s chart, he seems to be predicting that ATOM could surge to $11.50.

At the time of this writing, ATOM is trading at $9.59.

Looking at the underlying assets of blockchain-based gaming platform Gala, Kaleo believes GALA is poised to hit its upside target of around $0.06 after the altcoin breaks out of bearish diagonal resistance.

“It’s a little surprising that we haven’t seen GALA make any big moves yet.

A return to the highs in 2023 feels programmed here.”

video
source: Kaleo/X

As of this writing, GALA is worth $0.027.

Traders are also paying attention to Stacks (STX), a cryptocurrency project designed to support apps and smart contracts for Bitcoin (BTC). According to Kaleo, STX could rise to $1 after clearing diagonal resistance.

“STX will blow up when it gets to $0.80.

“It may see a slight decline before it moves higher, but if it falls before it breaks through resistance, you should buy.”

video
source: Kaleo/X

As of this writing, STX is trading at $0.86, above Kaleo’s key resistance area.

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Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and that you will be responsible for any losses you may incur. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.

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