Analyst Who Knows 3 Times: This Altcoin is a Nuclear Bomb! - Coinleaks
Current Date:November 7, 2024

Analyst Who Knows 3 Times: This Altcoin is a Nuclear Bomb!

One of his analysts, who collected Bitcoin from bottom prices in November, said that a major Ethereum competitor is poised to explode. The altcoin analyst bases his rally expectation on a stable multi-month bullish trend.

Accurate analyst says rally is imminent for this altcoin

For DonAlt’s previously holding estimates cryptocoin.com You can take a look at this article. In his current forecasts, the crypto analyst says that one of the biggest Ethereum rivals, Cosmos (ATOM), is poised to explode after a steady rise. According to DonAlt, ATOM has one of the best graphics on the market right now.

The analyst sees ATOM as one of the fastest recovering altcoins in an environment where Bitcoin is bullish. ATOM has managed to resist the bear market conditions that have been going on since last year. DonAlt mentions that this stability could turn into a rally in the next recovery.

“ATOM drops nuclear bombs”

DonAlt said that price stability will be ‘explosive’ in the next bull after expressing that ATOM looks good from a technical standpoint. According to the crypto analyst, he is ready to quickly close the gap with Bitcoin:

ATOM is one of my favorite cryptocurrencies too, and it’s doing great. It looks really good. I’ve been advertising for a while. I love your graphic. The reasoning is that everything else is a nuke and ATOM is in a range during a major altcoin bear market.

Also this high range has been tested more than If he goes back to higher levels from here, his condition will be much better. ATOM is against Bitcoin and everything else is massively dropping nuclear bombs.

DonAlt expects these levels on the ATOM chart

The crypto analyst expects ATOM, which is preparing to break the resistance at $ 15, to climb to $ 22. ATOM is currently trading just below this level at $14.91. It was slightly lower than in the last 24 hours. If DonAlt’s expectations come true, it will mean 40% gain from current levels. The analyst summarizes his technical expectations as follows:

ATOM was out of a bull market and then out of an entire bear market. Currently, the USD pair is also looking great. We also tested the $15 resistance twice. It looks like he wants to break the resistance and go to $22.

Meanwhile, most of the organic growth Cosmos has achieved in the past has been associated with Blockchain interoperability and sovereign dApps. As the market expects another Web3 cycle, it is important to anticipate the next growth catalysts. What’s in the tol map of this Cosmos, you can find the answer in the tweet below.