Two crypto analysts shared 3 altcoins that they think will make a bull run. According to them, these cryptocurrencies will make big gains in the coming weeks and make their investors smile. Here are the latest price predictions from analysts and the levels you should follow.
“These 3 altcoins will rally in the coming weeks”
“Cardano (ADA) has a very solid team”
Coin Bureau’s popular pseudonymous cryptocurrency analyst Guy shared a YouTube video with another trader, Benjamin Coven. Accordingly, Guy claimed in the video that the two altcoin projects will witness massive price increases. The analyst said that this increase will occur in the coming weeks. The first of these cryptocurrencies was Cardano. Guy said about Cardano (ADA):
“In terms of long-term trend, investors expect a crypto bull run. I think Ethereum and Cardano will see big buys when this happens and after. These guys have done major upgrades like Merge and Vasil and have them completed flawlessly. In fact, this is a testament to the quality of the people working on these projects. Employee quality seems to be what people will look for in projects in the future. That’s why I’m bullish for ADA despite the current state of the price.”
Cardano coin on black gravel background. Cryptocurrency blockchain money“Algorand (ALGO) is witnessing major developments”
Guy also highlights Algorand’s ties to the Massachusetts Institute of Technology (MIT). According to him, these connections seem to open up various possibilities and opportunities for the project. As we reported as Kriptokoin.com, Algorand founder Silvio Micali is a professor of computer science and cryptography at the university. Cryptocurrency analyst stated the following about the altcoin project:
“The Algorand team is not only very talented but also very well connected. Because as I understand it, MIT is collaborating with the FED for this upcoming digital dollar, the CBDC. I think this raises a lot of potential expectations about Algorand. I mean, Algorand has the potential to be the Blockchain hosting a US CBDC. There is already a lot of speculation about it.”
“Tron (TRX) could gain more than 60%”
According to crypto analyst Akash Girimath, Tron is preparing for a big bang. The altcoin is down roughly 18% between August 15 and September 26, marking the bottom of the descending triangle at $0.0581. But the sellers did not have the power to pull it down. Therefore, the buyers turned back and reversed this bearish trend. As a result, TRX is up 8.3% and is currently at $0.0631. This bullish trend is likely to continue until the price reaches even higher highs of $0.072.
This move will create a 15% gain and possibly the upside for TRON price will end here. However, a weekly candlestick is possible above the hypotenuse of the descending triangle. This will create a bullish breakout, triggering a 60% increase to $0.115. Meanwhile, the invalidation of the bullish thesis will occur with a weekly candlestick near $0.0581. In this case, investors should expect the 60% rally in altcoin price to take place on the downside.
33360
