Popular analyst Josh Moden from CRYPTOBUSY shared with his followers the 3 altcoins that are under his radar. These altcoins that give a bullish signal should be closely monitored. The analyst, who shares 3 crypto currencies, whose prices are expected to increase significantly, points to significant levels. So which are these crypto coins, what are the important levels?
At the top of the list, among the most valuable decoy coins are Cardano (NAME) it exists. According to the analyst, the Cardano price is at an important level where it can rise even higher. ADA, which is preparing for an important price test, was trading at $2.24 at the time the video was shared.
“The price has already risen significantly and is up to $ 2.38. In fact, now we have surpassed this wedge model, or we also call it a downtrend, and we have come for a retest at $ 2.3. Now the key point of retesting here is that if the test is successful, the price can quickly jump up”.
According to the analyst, this test can continue for up to $ 2. The short-term price target is $ 2.64. During the summer period Cardano (NAME) its price continues to find buyers from $ 2.02.
Next on the list next Chainlink (LINKED) there is. At the time the video was shot LINKED it was trading at $37. Analyst Moden thinks that LINK may loosen to $33, the demand level, before making a nice jump to $40.
“After hitting five-month highs, Chainlink lost most of its double-digit earnings. The decimation, supported by technical data, will cause a new test between 33 and 34 dollars. If the demand zone remains strong, we can quickly rise to $ 40”.
At the time of writing, the LINK price had loosened to $33, which is the demand zone.
The Cosmos (ATOM)
The last one in the list The Cosmos (ATOM), the analyst thinks that the previous bottoms are now preparing the price chart for an uptrend. Who found a buyer for $ 36.21 at the time of the video’s release The Cosmos (ATOM) at the time of writing, it had eased to $32.1.
Analyst, ATOMhe says that one of the reasons for the bullish optimism in the is that the price has been consolidating at $ 34 in the key buying zone for a very long time. In addition, the market is following a channel that has been declining since the beginning of October. Josh Moden, who said in the video that the 36 dollar will remain strong, was wrong for now. Bitcoin (BTCthe price, which has been loosening up to $32 with the rise of), is trying to hold on to this level. Moden is aiming for 44 and 47 dollars in the short term, but for this, the 36 dollar support needs to be strengthened again.