The cryptocurrency market rose after the latest statements from Federal Reserve officials. Leading crypto Bitcoin threw itself above $38,000 with a strong move. Similarly, most leading altcoins are also moving deeper into the green zone. Amidst these developments, the popular crypto analyst we know as Kaleo in the market announced his latest predictions. The analyst shared bullish sentiment for ATOM and 2 altcoins.
Kaleo: ATOM is ready for an upward move!
As you follow from Kriptokoin.com, the market returned to where it left off after a retreat. In fact, he has gone beyond where he left off and seems determined to move forward. Amid these developments, a crypto analyst with a large following, nicknamed Kaleo, thinks that the interoperable Blockchain ecosystem Cosmos (ATOM) is ready for an upward move. That’s why the analyst is bullish on ATOM. Because he states that a “short squeeze” has occurred in the altcoin price. Therefore, the analyst said, “I am in a long position.” says.
Source: KaleoIn his chart, the analyst points out that ATOM price is forming a multi-month diagonal resistance with the next resistance area at $16. Meanwhile, at the time of writing, ATOM was trading at $9.26, up 1.2 on a daily basis. The altcoin recorded a gain of 8.8% on its weekly chart. Additionally, ATOM is sitting above gains of around 29% on its monthly chart.
Analyst: I bought a bag from WLD and I’m waiting to explode!
Another altcoin on the analyst’s radar is Worldcoin (WLD). As you may remember, this project was founded by OpenAI creator Sam Altman. The project caused a lot of controversy around the world. For now, however, the storm around him has calmed down. WLD is threatening to start a breakout rally after it breaks above the $2.55 resistance. Based on this, the analyst shares the following prediction:
I bought a bag of WLD. Nice little pennant breaking above July highs, market is up = send higher.
Source: KaleoMeanwhile, at the time of writing, WLD was changing hands at $2.51, up 0.8% on a daily basis. However, the token is sitting on a gain of over 37% on its monthly chart.
Kaleo says ‘stick to the plan’ for GMT!
Finally, the analyst also updates his perspective on STEPN (GMT). According to the crypto analyst, GMT is currently holding above the resistance of an ascending channel. Additionally, the analyst says that the token is poised for an initial rally towards $0.65. Additionally, Kaleo puts $1 as the next target. In this regard, the analyst uses the following statements:
Even after the pullback, GMT is still up more than 10% in the past few days since entry. I hold it in my hand and trust the plan.
Source: KaleoMeanwhile, at the time of writing, GMT was trading at $0.2887, up 0.3% on a daily basis. So even the analyst’s initial target represents an over 100% upside for GMT. The $1 target means an extraordinary explosion. However, the analyst does not specify a time limit for these predictions.
The predictions and opinions in the article belong to the analyst and are definitely not investment advice. We strongly recommend that you do your own research before investing.
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