Some cryptocurrencies are seeing gains after recent events. A popular cryptocurrency analyst and whaler draws attention to these 2 altcoin projects in particular. The analyst said that the recent bullish movement in Litecoin is indicative of a major breakout.
Cryptocurrency whale and analyst drew attention to these altcoins
The crypto analyst known as Kaleo made statements after the latest price movements. According to the analyst, Litecoin’s recent rise appears to be a “true bullish” one. According to Kaleo, this “LTC is too late for a solid rise”. Also, Kaleo shared a tweet saying, “Litecoin is not over.”
Alright, starting to believe this is the real deal for $LTC / $BTC.
It's long overdue for a solid pump.
Here's how Litecoin works – long periods of slowly bleeding down sideways, followed by a quick pump up to .02 BTC or so when everything else is bearish. pic.twitter.com/OV9w45ml6H
— K A L E O (@CryptoKaleo) November 23, 2022
Kalo, a cryptocurrency whale and analyst, said that LTC has had long periods of decline. In addition, he states that a rapid rise may come while “other altcoins are in a downward trend”. According to the analyst, he says that Dogecoin (DOGE) and LTC are always altcoins “bought when it gets boring” during bull runs. Because Kaleo said that these cryptocurrencies are on the rise:
Be patient, a huge upswing is coming. Selling after ascension is your choice.
Litecoin recently surpassed Solana SOL in terms of market cap. The prices of both altcoins fell during the crisis on the cryptocurrency exchange FTX.
Kaleo previously predicted for DOGE
cryptocoin.com As we reported; The famous crypto whale stated that he is waiting for a rally for the 20 largest ETH-based altcoins and DOGE. The analyst shared his predictions for DOGE and MATIC a few days before the FTX crisis. The market was continuing its horizontal movement at the beginning of November. Dogecoin and Polygon are likely to rise according to technical indicators. Kaleo stated that on November 7, Dogecoin consolidated at $0.13. He also shared that at that time, the meme coin project DOGE would experience a rise of more than 50 percent:
A slow but steady fundamental is turning to an uptrend. Looking at it, I am looking for an uptrend with solid infrastructure above $0.20 in this region.
In addition to all this, Kaleo stated that the Polygon ecosystem also follows the altcoin MATIC. Predicting that the MATIC price will rise above $1, the analyst correctly predicted the activity. As a result, the MATIC price rose to $1.27 on November 7. The analyst said that there would be an increase above $ 1:
MATIC is approaching high levels. MATIC price below $1 will start to rise. I am also writing once again to remind you that it is very convenient at this time. A break above this pennant pattern will result in a rally.
