A popular crypto trader is expecting one altcoin to rally 200% and thinks Ethereum (ETH) is set to rally following a bullish move by Bitcoin (BTC).
The widely followed trader known as Inmortal tells his 85,800 Twitter followers that the smart contract platform Cosmos (ATOM) looks ready to make a 200% run towards $100.
He thinks any move under $30 presents a great opportunity to buy more ATOM. At the time of writing, ATOM is trading at $36.33, according to CoinGecko.
“My dear cosmonauts, the plan hasn’t changed, $100 is programmed.
In the meantime, I’ll try to buy dips below $30”
Next up is FTT, the utility token of crypto derivatives exchange FTX. With the asset currently trading at $57.22, Inmortal is looking for it to make another leg up after consolidating in the $50-$60 range.
“I’ve done my job.
I’ve accumulated as much $FTT as I can between $50-60.
As for the top crypto asset, Inmortal notes that Bitcoin looks ready to make a new all-time high after bouncing off support at $40,000 at the beginning of last week.
“It’s time to conquer a new ATH (all-time high).”
He expects Ethereum to follow Bitcoin’s lead after BTC’s bullish impulse above $51,000. At time of writing, ETH is sitting just above $3,600.
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