In the recent run in the cryptocurrency market, some altcoins attracted attention with their strong increases. Some made 2,230 percent on an annualized basis. However, this run may not be over yet. According to a popular cryptocurrency analyst, the 2 altcoins that stand out in this rally will continue their path.
Credible Crypto: This altcoin will enter the top 20 soon!
As you follow on Kriptokoin.com, some tokens have attracted attention with price increases recently. However, there are those who think differently about whether this upward momentum will continue. A crypto analyst with the pseudonym Credible Crypto, who has a wide following, says the top 50 crypto assets by market cap have more upside potential.
The analyst first covers Kaspa (KAS), whose proff-of-work (PoW) altcoin project is up nearly 50% since Wednesday. Credible Crypto says it still has a long way to go on the upside even after this bullish move. In this context, the analyst shares the following prediction about KAS:
I have no doubt that it will soon be among the top 20 coins by market value.
KAS daily price chart. Source: CoinMarketCapMeanwhile, KAS was continuing its rise at press time. The altcoin was trading at $0.1433, up nearly 15% on the day. Additionally, with this increase, Kaspa now ranks 26th in terms of market value. The increase of the token in one year indicates an extraordinary rate of approximately 2,230%.
Credible Crypto expects another 60% move from TIA
The analyst then looks at Celestia (TIA), a blockchain built to enable anyone to launch their own decentralized network at minimal cost. Credible Crypto is expecting an initial pullback to a support zone. However, he then says that he is targeting a rally of over 60% from the current level for the altcoin. The analyst explains the forecast for TIA as follows:
I bought TIA here, net invalidation, aiming for $10+.
According to the analyst, the bullish forecast will be invalidated if TIA falls to a price of around $5.88. In this context, the analyst said, “We should not revisit these lows if we are ready for an upward expansion. If we do that, we will likely move back into the green zone ($5.56 to $4.95) (or potentially lower).” says.
Source: Credible CryptoMeanwhile, TIA was trading at $7.29, up over 12% on a nominal basis during this summer. The altcoin has increased by approximately 85.68% in a week. In addition, it increased by approximately 250% on its monthly chart.
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