A Crypto Trader Predicts a Bullish Surge for Three Altcoins
A well-known crypto trader is optimistic about the future of three altcoins, predicting significant upward movement. The analyst, known as Kaleo, shares his insights on the social media platform X. First, he expresses bullish sentiment towards ORDI, the native asset of a crypto project aiming to introduce NFT capabilities to the Bitcoin blockchain. According to Kaleo’s chart, ORDI has broken above its diagonal resistance and appears ready for a major rally.
Kaleo also mentions Avalanche (AVAX), a smart contract platform that he believes is poised to rally towards its 2023 high after surpassing its diagonal resistance. Lastly, he highlights THORChain (RUNE), the decentralized exchange protocol’s native asset. Kaleo predicts that RUNE will experience a breakout against Bitcoin and rally to its previous highs.
While these predictions are promising, it’s important to note that cryptocurrency markets can be volatile. At the time of writing, ORDI is valued at $68.23, AVAX at $39.37, and RUNE/BTC at 0.00010475 BTC ($5.18). Keep an eye on these altcoins as they may offer profitable investment opportunities.