Two crypto analysts, famous for their accurate predictions, say that 6 cryptos, including little-known altcoin projects, can rally. Let’s take a look at their expectations from analysts, keeping in mind that the forecasts are not certain.
Credible expects 110% increase for this Ethereum-based altcoin
Anonymous crypto analyst Credible said in his current analysis that the price of OriginTrail (TRAC) could more than double even after a massive 78% increase to start the week. TRAC started the week at $0.27 and peaked at $0.48 on Wednesday.
TRAC is currently trading at $0.4086. Credible predicts it will rise more than 111% from its current price to $0.93. You can take a look at the analyst’s accurate predictions here.
OriginTrail is a logistics and supply chain management Blockchain protocol. In a nutshell, the project was designed to help businesses and organizations securely store and manage critical information in a decentralized way.
Although it expects a rise of 111%, Credible warns it will see a correction in the short term.
Pay attention to these levels on the TRAC chart
In the continuation of his analysis, the crypto analyst mentioned that the path to the higher price target could involve a momentary drop to $0.35. According to Credible, “If you have idle money, the next best entry will come with a retest of the $0.35 level.”
Credible says it rallied more tokens at the start of the rally, in what it calls an accumulation range of $0.27 to $0.34:
I added TRAC to my bag here, more than doubled my position here, to $0.26, and lowered my average to $0.35. I expect it to fully recover its ATH level in this cycle, but the initial target is 3x-4x to about $1.
$100 million market cap, zero inflation (token supply fully circulating), hype in AI token market.
Smart Contracter says rally is imminent for Dogecoin and 3 additional altcoins
Another well-known technical analyst, Smart Contracter, said that on the daily DOGE/BTC chart, Dogecoin is forming an inverted head and shoulders pattern similar to 2022. The analyst thinks that few people noticed that DOGE broke above a key trendline.
As we quoted as Kriptokoin.com, the analyst correctly predicted the 2018 and 2020 rallies of BTC.
Mask Network (MASK)
Next, looking at the chart of Mask Network (MASK), which improves privacy for social media platforms, Smart Contracter says that the altcoin is preparing for the next wave of bullishness.
The analyst, who regularly applies the Elliott Wave theory in his technical analysis, estimates based on his chart that MASK could rise more than 50% from current levels.
Curve DAO (CRV)
Next up is the utility token Curve DAO (CRV), which powers the decentralized exchange Curve Finance ecosystem. Smart Contracter says that when the altcoin is paired with the dollar (USD) and Bitcoin, it creates a reaccumulation triangle:
I see a nice contraction on the four-hour CRV timeframe in the USD pair and Bitcoin pair.
The Graph (GRT)
The fourth altcoin targeted by Smart Contracter is Blockchain indexing protocol The Graph (GRT). The analyst says that GRT may have completed a correction wave and is now able to resume the main uptrend. According to Elliott Wave theory, the main trend consists of a five-wave pattern, while a correction occurs in a three-wave pattern, sometimes called the ABC wave. According to Contracter, “A nice 20% drop in GRT looks like ABC structure on the hourly chart.”
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