The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

Five Altcoins From One Crypto Sector Have Huge Upside Potential, Says Popular Whale

by Daily Hodl Staff
August 11, 2021
in Altcoins, Trading

A prominent crypto whale and analyst says he’s watching the movements of five emerging altcoins that he notes have huge upside potential.

The pseudonymous analyst, known in the industry as Crypto Messiah, tells his 134,800 followers that he’s keeping an eye on the decentralized finance (DeFi) sector as five altcoins in the segment appear poised to start uptrends.

First on the crypto trader’s list is SNX, a cryptocurrency that powers the trading of synthetic assets (synths) on the Synthetix platform. According to Crypto Messiah, his preliminary plan is to follow the trendline of the long-term log channels.

“DEFI. A few long-term log channels… Upside is huge. Invalidation right below.”

Image
Source: Crypto Messiah/Twitter

Following the crypto whale’s trendlines, SNX has the potential to top out between $90 and $140 by early 2022.

Another coin on the trader’s list is the decentralized exchange protocol THORChain (RUNE).

“RUNE.”

Image
Source: Crypto Messiah/Twitter

Based on the trader’s chart, RUNE appears to have bottomed out after bouncing off the lower boundary of the channel, thus climbing to the upper boundary of the channel around $26 is in the cards.

Next up is Bancor (BNT), a network that allows traders to swap different tokens seamlessly without the need for a middleman.

“BNT.”

Image
Source: Crypto Messiah/Twitter

Looking at the trader’s chart, BNT appears to be bouncing en route to the upper boundary of the channel around $40.

Fourth on the trader’s radar is decentralized lending and borrowing protocol Aave, which he says is showing a different pattern from the other three coins, but his thesis remains the same.

“Bit different structure on AAVE… but $2,000+ possibility.”

Image
Source: Crypto Messiah/Twitter

From Aave’s current price of $388, a move to Crypto Messiah’s target marks a surge of over 440%.

The last coin is CRV, the governance token of stablecoin decentralized exchange Curve Finance. Crypto Messiah says CRV’s price action follows the support and resistance levels of the Fibonacci fan tool.

“CRV… Significantly different structure but hasn’t been around as long… But fan fit is fantastic. Once again, invalidation just below.”

Image
Source: Crypto Messiah/Twitter

Crypto Messiah also highlights that the potential bullish runs of these five coins still depend on BTC’s long-term performance.

“These longer-term log channels are significant…. have been respected over YEARS. If BTC were to fake us out and dump our s**t… it would absolutely break these down… could represent an extended bear market. I don’t think we are doing that… yet.”

Follow us on X, Facebook and Telegram

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

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 losses 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/Tithi Luadthong

Submit a Press Release

Industry Announcements

  • MultiBank Group Confirms MBG Token TGE Set for July 22, 2025
    July 11, 2025
  • PEPESCAPE Launches Crypto Presale, Combining Memecoin Culture With Decentralized Finance Ecosystem
    July 10, 2025
  • Aptos Labs Expands Leadership With New Chief Business Officer
    July 10, 2025
  • Falcon Finance Unlocks Real-World Asset Utility With First Live USDf Mint Using Tokenized Treasuries
    July 10, 2025
  • MBG Token Pre-Sale Set for July 15 – Only Seven Million Tokens Available at $0.35
    July 10, 2025
  • YZi Labs Invests in Aspecta To Pioneer Universal Price Discovery Infra for Trillion Illiquid Assets
    July 10, 2025
  • NovaEx Launches With a Security-First Crypto Trading Platform Offering Deep Liquidity and Institutional-Grade Infrastructure
    July 9, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$118,596.78
$118,596.78
0.91%
Ethereum
$2,961.59
$2,961.59
0.83%
BNB
$690.23
$690.23
0.84%
Solana
$160.39
$160.39
0.04%
XRP
$2.81
$2.81
3.18%

Spotlight

  • Hot FOMO Bull Market for Bitcoin Likely Approaching As BTC Indicator Begins To Inch Upward: PlanB
    July 6, 2025
  • Marathon Digital CEO Fred Thiel Warns Bitcoin Treasury Companies Becoming ‘Saturated’ – Here’s His Forecast
    July 6, 2025
  • $3,300 Drained From Wells Fargo Account After 72-Year-Old Falls for Notorious Scam – Why the Lender Is Refusing To Reimburse
    July 6, 2025
  • Fraud Mastermind Carries Out Slew of Inheritance Scams Targeting Elderly and Vulnerable Americans: DOJ
    July 6, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl