A leading cryptocurrency analyst and trader is expressing bullish sentiment on the native token of a major smart contract blockchain.
The analyst goes by the pseudonym Blunts says His 223,700 Twitter followers Interoperable Blockchain Cosmos (ATOM) could double in value as it trades near its 2023 lows.
According to Bluntz, ATOM is in a bullish ascending channel and has recently completed a three-wave corrective pattern, indicating that a new uptrend is in sight.
“I’m hunting some amazing altcoins that aren’t running as hard as others, pointed out my homie ATOM.
Nice weekly structure, nice clean three-wave move down, another 100% mover in my opinion.
ATOM is trading at $10.02 at the time of writing, down 3% on the previous day.
A pseudonymous analyst on crypto assets that have performed relatively well says Ethereum competitor Solana (SOL) is on the list.
“SOL was one of the best performances of all the majors this month.”
A month ago, Blunts prophesied Solana can double the price after completing the three-wave corrective pattern.
“One of the altcoins I like here is SOL.
Strong reaction from a key support level, clean three-wave down move on higher timeframes.
I think it has 100% upside potential, I rarely call that.
Solana is trading at $27.86 at the time of writing, down nearly 6% in the last 24 hours.
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