Crypto Analyst Forecasts Bullish Momentum for Cosmos and Another Altcoin, Plus Key Insights into a Crypto Asset’s Outlook
Renowned crypto strategist Kaleo, with a substantial following of 606,800 on the X social media platform. Expresses bullish sentiments towards Cosmos (ATOM), emphasizing an anticipated upward movement for the interoperable blockchain ecosystem.
Kaleo’s analysis, shared with followers, suggests that ATOM has broken through multi-month diagonal resistance, with the next resistance level projected at $16, while the current value stands at $9.69. Additionally, Kaleo identifies Worldcoin (WLD), a project linked to OpenAI creator Sam Altman, as another coin to watch. WLD, currently valued at $2.62, is seen as poised for a breakout rally after surpassing resistance at $2.55.
The strategist also provides an update on STEPN (GMT), a move-to-earn project, noting its ascent above the ascending channel’s resistance. Kaleo anticipates a rally towards $0.65 initially, with a subsequent target at $1 for GMT, emphasizing continued confidence in the project despite recent retracements.
Clever Robot News Desk 29th November 2023
