A widely followed crypto analyst is turning bullish on Cosmos (ATOM) as the altcoin space begins to take off.
Pseudonymous crypto strategist Altcoin Sherpa tells his 201,100 followers on the social media platform X that the native asset of the interoperable blockchain ecosystem Cosmos could surge more than 27% from its current value.
“ATOM: Coins like ATOM are laggards, but finally waking up a bit. Probably going to keep an eye on this one and expect $15 to come if BTC plays nice.”
Source: Altcoin Sherpa/X
The trader’s chart suggests ATOM is in an uptrend after breaking out of an accumulation range between around $8 and $9, and could be heading to the next major area of resistance at about $15.40.
ATOM is trading for $11.75 at time of writing, up 18.7% in the last 24 hours.
Next up, the trader says that Solana-based (SOL) memecoin and Dogecoin (DOGE) rival Bonk (BONK) could be headed higher.
“BONK: next leg coming?
Probably good to have some exposure to this meme wise. I’m a
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