High-profile crypto trader and crypto strategist Kaleo is preparing for one mid-cap altcoin to surge by over 600%.
In a series of tweets, the pseudonymous analyst charts a bullish path ahead for scalable blockchain network Tron (TRX).
Kaleo says that Tron is prepared to resume a breakout in its Bitcoin pair (TRX/BTC) after getting rejected at 0.0000029.
“TRX/BTC. Rejected at the April high, I’m still betting we see a sharp recovery and a push back to the upper diagonal resistance.”
Kaleo adds that the asset appears to have bottomed out on the USD chart, revealing to his 271,000 followers that he added to his position after TRX retested diagonal support of $0.146.
“I just added heavily to TRX on the retest. No guts, no glory.”
As for his TRX top prediction, Kaleo believes the asset will at least reach the $1.00 level, which would represent a 7x surge from its current price of around $0.144.
The two other altcoins the analyst is keeping his eye on are meme coin Dogecoin (DOGE) and scaling solution OMG Network (OMG).
Kaleo is confident that DOGE will live up to its hype and surpass the $1 mark in the next few days.
“DOGE/Dogecoin. I’m not saying I gave you the exact road map for what was about to happen several days ago, but I gave you the exact road map for what’s happened so far several days ago.”
OMG, which has been on a tear as of late, growing in price by over 80% in the past two weeks, is set to skyrocket after soaring past the $10 mark, asserts Kaleo. The analyst believes the asset now has the potential to revisit its all-time high of $28.35.
“OMG A clean break above the current range highs should open up a clear path to $20+ w/ an upside of the January 2018 all-time high.”
Follow us on Twitter, Facebook and Telegram
Surf The Daily Hodl Mix
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured Image: Shutterstock/KDdesignphoto
