A widely known cryptocurrency analyst and trader predicts that an unknown altcoin will almost triple in value.
The analyst, known by the pseudonym Kaleo, tells his 612,400 followers on social media platform
“The DOT (Polkadot) ecosystem as a whole is being torn apart. I grabbed my CELR bag to get some exposure. “We are looking for pressure away from this base range that has been building since the spring of 2022, similar to the moves we saw in early 2021.”
Looking at his chart, the trader suggested that CELR could soon surge to around $0.0700.
As of this writing, CELR is trading at $0.02336, down nearly 1% in the last 24 hours.
In the overall cryptocurrency market, Kaleo is predict With Bitcoin (BTC)’s strong rally this year, the asset class’ strong 2024 outlook appears to have inspired the recent strong performance of many altcoins.
“Solana (above) costs $100.
Avalanche is close to $50.
Bitcoin is close to $50,000.
Alt starts moving across the board again.
Memecoin printing.
Non-fungible tokens (NFTs) are waking up.
And there are still 4 months left until the (Bitcoin) halving.
Damn, 2024 is going to be crazy.”
The halving, which will halve BTC miners’ rewards, is scheduled for April 2024.
merchant island predict After a period of consolidation, an uptrend for decentralized oracle provider Chainlink (LINK) is imminent.
“LINK is overdue for another advancement.”
Chainlink is trading at $15.66 at the time of this writing, up 1.8% in the last 24 hours.
Finally, the merchant predict Decentralized exchange protocol THORChain (RUNE) is said to surge past $8.
“RUNE has finally woken up.”
RUNE is trading at $5.74 at the time of this writing. It has fallen more than 5% in the last 24 hours, but is still above traders’ diagonal resistance.
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