Analyst Says Altcoin Is Poised For Explosive Breakout, Predicts Rallies For Dogecoin, Solana And Two More Crypto Assets

A popular crypto analyst known for his timely altcoin calls is making multiple bullish predictions for a host of digital assets.

The pseudonymous trader known as Kaleo tells his 538,000 Twitter followers that Cosmos (ATOM), which aims to be an interoperable blockchain ecosystem, will be one of the most explosive altcoins in the market once it hits the market. will be launched.

Kaleo takes a look at the Cosmos Bitcoin pair (ATOM/BTC), which he believes will signal the next big move for ATOM.

“I wouldn’t sleep on ATOM either.

When it finally breaks out of that three-year base range formed on the BTC pair, it will be explosive.

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Source: Kaleo/Twitter

At the time of writing, ATOM is valued at $15.12.

Kaleo also has a high price target for the Dogecoin (DOGE) meme token, which it says still has a lot more gas in the tank, despite the recent hype around it.

According to Kaleo, DOGE is on course to mark the $0.20 level.

“DOGE path at $0.20.”

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Source: Kaleo/Twitter

As of this writing, DOGE is changing hands for $0.124.

The trader also foresees huge strength for Ethereum (ETH) main rival Solana (SOL), predicting that it will significantly outperform Bitcoin in the coming weeks.

“SOL encounters resistance on the verge of absolutely sending on this beautiful Saturday morning”

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Source: Kaleo/Twitter

Based on Kaleo’s chart, he expects the SOL/BTC ratio to climb about 78% from its current price of 0.00168 BTC ($35.56).

The closely-watched trader is also bullish on Ethereum’s scaling solution Polygon (MATIC). Although it has shown relative strength against the market over the past week, Kaleo believes MATIC still has more room to maneuver, setting a rough target near all-time highs at around $2.80.

“Lots of room to run higher.”

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Source: Kaleo/Twitter

At the time of writing, MATIC is trading at $1.15.

The crypto trader also has his radar locked on THORchain (RUNE), a blockchain platform designed to facilitate the secure and cheap transfer of assets between different blockchains.

Kaleo calls for an upside target of $3.00 for RUNE, 81% higher than its current price of $1.65.

“RUNE’s ideal target price is around $3.00”

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Source: Kaleo/Twitter

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Featured Image: Shutterstock/wacomka/Andy Chipus

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