Decentralized Finance Altcoin Gearing Up in Tandem with Intense Market Rally
A prominent crypto trader, known as Inmortal, is signaling a significant rally for Radix (XRD), a decentralized finance altcoin.
With over 202,300 followers on X, Inmortal asserts that Radix may experience a remarkable surge of over 51%, currently trading at $0.0562. Analyzing the chart, the trader predicts a rise to $0.0850 after a successful retest of the $0.0500 level. Additionally, Inmortal anticipates Solana (SOL) to reclaim $64 after retesting the $50 support level. Solana presently trades at $59.16, reflecting a 1.9% increase in the last 24 hours.
Lastly, the trader suggests Ethereum (ETH) will undergo a temporary dip to around $1,600 before embarking on a substantial rally, reaching $3,600 in the first half of the next year. Ethereum is currently trading at $2,027, marking a 1.2% decline in the last 24 hours.
Clever Robot News Desk 1st December 2023
