A top crypto trader says he thinks three under-the-radar altcoins including decentralized exchange ThorChain (RUNE) are gearing up for strong surges.
Starting with decentralized storage network Filecoin (FIL), the crypto analyst believes that there’s no resistance for the altcoin until it hits $5.80.
“I think FIL is going to pull the same move COMP did.
Grind up to a pocket of liquidity and mostly equal highs. Price should very quickly move from $4.70 to $5.80
It is an air pocket, and all air pockets are getting closed.”
Source: Cantering Clark/Twitter
At time of writing, FIL is trading at $4.80, above the trader’s marked resistance area of $4.70.
Next up is RUNE, which Cantering Clark says is likely following the bullish footsteps of Filecoin.
“Everything looks the same. RUNE is the same setup as FIL.
The difference is that it actually is 1/7 of the market cap.
It is all one trade. Sellers are stepping out of the way.”
Source: Cantering Clark/Twitter
At time of writing
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