A crypto strategist who is known for exactly calling 2021 digital asset cycle top believes that several altcoins are ready for significant rally.
Analyst pseudonymously known as pentoshi tells His 854 200 followers on the social media platform X that the crypto market does not respond to poor economic news and signals that a possible bottom is in.
“Now the price is not to respond to customs or negative news anymore, while many, not all things, are at high time frame support. Not a bad sign for some relief. ”
He says that several Alts seem prepared to undergo average reversal movements after the market correction. At trade, the average reversal is the theory that prices will return to their averages after an extreme move.
First up, he says PantiesTool token for the non -fungible token (NFT) project Pudgy Penguins, can increase to $ 0.01658 and possibly higher.
“Pengu means reverse areas (will probably have a lot of resistance at the upper if we get there to be honest). But the first should be the first interest in now. “
Pengu shops for $ 0.01 at the time of writing, flat in the day.
Next up, the trader says The automated Stake Service Lido Dao (LDO) Keeps the key level of $ 1.54 as support and can soon bounce.
“There are lots of charts that mainly only test with high time frame support. Several that look like this, in my opinion very pure invalid across the line.”
LDO shops for $ 1.59, down marginally in the day.
Finally, he says to IOTAThe original asset for a crypto project focused on the Internet of Things can increase more than 21% its current value after selecting a key level in support on the daily chart.
“IOTA Another chart that turns its high time frame support. Looking for a movement up to $ 0.27- $ 0.28 and a recycling. These historical areas with high time frame are often fantastic areas to get involved. “
IOTA trade for $ 0.23 at the time of writing, flat in the day.
