Analyst Predicts Rallies for Cosmos, Gala and One Bitcoin Ecosystem Altcoin – Here Are His Targets
A widely followed crypto strategist believes big rallies are imminent for a trio of altcoins including Cosmos (ATOM) and Gala (GALA).
Pseudonymous analyst Kaleo tells his 608,200 followers on the social media platform X that he believes a strong breakout rally is in sight for the native asset of the interoperable blockchain Cosmos.
According to Kaleo, ATOM is gearing up to take out its diagonal resistance at around $9.50.
“Time for ATOM to run it back to the highs and finally send above $10.”
Source: Kaleo/X
Looking at the trader’s chart, he seems to predict that ATOM may surge to as high as $11.50.
At time of writing, ATOM is trading for $9.59.
Looking at the native asset of the blockchain-based gaming platform Gala, Kaleo thinks that GALA is poised to hit his upside target of around $0.06 after the altcoin broke out of its bear market diagonal resistance.
“A bit surprised we haven’t seen GALA make any big moves yet.
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