Experienced crypto analyst Kaleo suggests that the Blockchain ecosystem Cosmos (ATOM) is ready for an upward explosion. The analyst also expects a rise in Worldcoin (WLD) and commented on the recent situation in STEPN (GMT).
Cosmos and Worldcoin Poised for a Major Leap
The anonymous crypto analyst Kaleo, on his personal account on social media platform X, took a bullish stance on Cosmos’s ATOM because he believes it’s time for a short squeeze. According to his chart, ATOM is expected to rise towards the next resistance area at $16. ATOM is trading at $8.95, down 6.18% in the last 24 hours at the time this article was prepared.
Following ATOM, the analyst pointed to another altcoin he expects to rise, the crypto project Worldcoin, established by OpenAI creator Sam Altman. The analyst mentioned that WLD is about to break out after surpassing the resistance of $2.55.
Kaleo commented on WLD, “I’ve bought some WLD. There’s a nice little flag on its chart that could push the price above this year’s July highs. As the market rises, this is expected to follow.” WLD is trading at $2.43, down 4.27% in the last 24 hours at the time this article was prepared.
Anticipating a Rise in STEPN (GMT) as Well
Additionally, Kaleo commented on the current outlook for STEPN (GMT). According to the analyst, GMT is now trading above the resistance of the rising channel and seems ready for a rally first towards $1 and then to $0.65.
The analyst stated in his assessment, “GMT has still increased over 10% in just a few days since entry, even after the pullback. I’m holding onto it and trusting my plan.” GMT is trading at $0.2738, down 8.18% in the last 24 hours based on current data.
- Market ready for altcoin surges, says Kaleo.
- Worldcoin’s WLD set for a breakout rally.
- STEPN’s GMT retains gains, promising rise.
