A prominent crypto strategist and trader is predicting new all-time highs for two explosive altcoins, while anticipating a surge in the value of Chainlink (LINK).
The trader known in the industry as Inmortal tells his 72,600 followers that he’s keeping a close watch on FTX Token (FTT), the utility token of crypto exchange FTX.
According to Inmortal, FTT is flashing multiple bullish signals that can ignite an 85% rally from its current value of $54.
“Deviation + Triple Raid + Bull divergence. Send FTT to $100.”
Another coin on the trader’s list is Cosmos (ATOM), a crypto project touted as the “internet of blockchains.” Inmortal says ATOM is ready to print a fresh all-time high as it follows in the footsteps of explosive altcoin Avalanche (AVAX).
“Since the drop, ATOM was one of the best performers, (between others like AVAX or SOL). +46% bounce so far. I expect ATOM will follow AVAX and make a new ATH soon.”
As for decentralized oracle network Chainlink (LINK), the crypto strategist believes that it is poised to launch a 66% surge after reclaiming a key support at $24.
“Easy trade. Send LINK to $40 ASAP.”
Looking at Bitcoin, the crypto trader predicts that the king crypto is gearing up for a steep rise that will erase Bitcoin’s losses over the past week.
“I don’t understand it.. but short a V reversal if you want. BTC is still going to $100,000.”Don't Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox
Check Price Action
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/klyaksun