Analyst Bullish on Cosmos (ATOM) and Worldcoin (WLD)
A popular crypto strategist, known as Kaleo, believes that Cosmos (ATOM) is set for an upward move. In a tweet to his followers, Kaleo expresses his bullishness on ATOM, stating that the altcoin is “due for a squeeze.” He shares a chart that suggests ATOM has broken through a multi-month diagonal resistance and identifies the next resistance level at $16. Currently, ATOM is valued at $9.69.
Kaleo also mentions Worldcoin (WLD), a crypto project founded by Sam Altman, as another coin to watch. According to the analyst, WLD is on the verge of a breakout rally after surpassing resistance at $2.55. At the time of writing, WLD is priced at $2.62.
The analyst also updates his outlook on STEPN (GMT), a move-to-earn project. He notes that GMT is now above the resistance of an ascending channel and expects a rally towards $0.65, with the next target at $1. Currently, GMT is trading at $0.30.
Hot Take: Analyst Sees Potential Upside for Cosmos and Worldcoin
A well-known crypto strategist predicts positive price movements for both Cosmos (ATOM) and Worldcoin (WLD). The analyst sees ATOM breaking through resistance levels and potentially reaching $16 in value. Meanwhile, WLD shows signs of a breakout rally after surpassing resistance at $2.55. These insights provide opportunities for traders to consider investing in these altcoins as they show potential for upward movement in the market.
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